Causal Relationships between Current Account Imbalances and Budget Deficits in Pacific Island Countries: A Panel Cointegration Study

Causal Relationships between Current Account Imbalances and Budget Deficits in Pacific Island Countries: A Panel Cointegration Study

Resorting to panel data investigation, this study seeks to test the causal relationships between current account imbalances and budget deficits in Pacific island countries. The study findings are that current account imbalances and budget deficits are cointegrated, although there is no long run caus...

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Bibliographic Details
Main Authors: Jayaraman, T.K, Lau, Evan
Format: Working Paper
Language:English
Published: School Of Economics University Of The South Pacific 2008
Subjects:
HB Economic Theory
Online Access:http://ir.unimas.my/id/eprint/18565/
http://ir.unimas.my/id/eprint/18565/7/Causal%20Relationships%20between%20Current%20Account%20Imbalances%20%28abstract%29.pdf

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