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fiscal and foreign trade account deficits in Bangladesh. In this regard this paper examines the causal relationship between … budget deficit and trade deficit based on annual time series data from 1972-73 to 2011-12 fiscal year. Applying the VAR and … Granger Causality after successfully running ADF and PP unit root test and cointegration rank test this paper reveals that …
Persistent link: https://www.econbiz.de/10010701156
cointegration methodology and by estimating an error correction model. This enabled us to search the relationship between the …
Persistent link: https://www.econbiz.de/10005731549
deficits. Using monthly data over 1998-2009 and the bounds testing approach to cointegration, we find evidence that the twin …
Persistent link: https://www.econbiz.de/10008632973
make a case study of India, using the bounds- testing approach to cointegration and error-correction modelling on monthly …
Persistent link: https://www.econbiz.de/10011135936
using VAR models since the fiscal shock, possibly due to fiscal foresight, is nonfunda- mental for the variables typically …
Persistent link: https://www.econbiz.de/10008693513
Persistent link: https://www.econbiz.de/10005590873
estimates fiscal reaction functions using various methods (OLS, VAR, TAR, GMM, State-Space modelling and VECM). The paper finds …
Persistent link: https://www.econbiz.de/10009019588
We test the relationship between the current account and fiscal policy for a group of small open developing economies with fixed exchange rates some of which are oil exporters. Specifically, we test the viewpoint of a Ricardian infinite-horizon representative agent model in which lower public...
Persistent link: https://www.econbiz.de/10010994453
This paper analyses the relation between the external and government deficits in a panel of CEEC economies and, separately, in PIGS economies. We first assess by panel unit root tests whether the fiscal and external intertemporal budget constraints hold, and then examine the role of public and...
Persistent link: https://www.econbiz.de/10009644133
This paper analyses the relation between the external and government deficits in a panel of CEEC economies. We first assess by panel unit root tests whether the fiscal and external intertemporal budget constraints hold, and then examine the role of public and private expenditure in the dynamics...
Persistent link: https://www.econbiz.de/10008621801