Kouassi, Eugene; Mougoué, Mbodja; Kymn, Kern O. - In: Empirical Economics 29 (2004) 3, pp. 503-525
We re-examine the causality between the twin deficits by testing for Granger non-causality between BD and CAD based on extended causality tests initially developed by Toda and Yamamoto (1995). Using international data from a sample of twenty developed and developing countries, we find evidence...