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Comparative Study on Lower-Middle-, Upper-Middle-, and Higher-Income Economies of ASEAN for Fiscal and Current Account Deficits: A Panel Econometric Analysis

open access: yesMathematics, 2022
For the last three decades, ASEAN has been facing a persistent fiscal deficit. However, the impact of fiscal deficit on the current account deficit in the sub-groups of ASEAN is still unknown.
Maran Marimuthu   +2 more
doaj   +3 more sources

A sustainability analysis of Serbia’s current account deficit [PDF]

open access: yesEkonomski Anali, 2012
The global economic crisis have important implications for international capital movements, which further sharpens the question of the sustainability of permanent current account deficits in Southeast Europe.
Boljanović Srđan
doaj   +3 more sources

Ricardian equivalence or twin deficits hypothesis? Evidence from Serbia [PDF]

open access: yesEkonomski Anali, 2023
This study investigates empirically whether higher budget deficits worsen the current account balance in Serbia, which is in line with the twin deficit hypothesis.This prediction is very different from Ricardian equivalence theory, which implies
Rašković Jelena
doaj   +1 more source

Macroeconomic determinants of fiscal policy in East Africa: a panel causality analysis [PDF]

open access: yesJournal of Economics Finance and Administrative Science, 2022
Purpose – This study investigates the dynamic causality linkages between fiscal deficits and selected macroeconomic indicators in a panel of five East African Community countries.
Joseph Mawejje, Nicholas M. Odhiambo
doaj   +1 more source

Investigating a threshold effect in Twin Deficit Hypothesis: Evidence from the BRICS Economies

open access: yesCogent Economics & Finance, 2021
Over the years, empirical evidence on twin-deficit hypothesis has been inconsistent. While some support it, others affirm the prevalence of the Ricardian Equivalence.
Tochukwu Timothy Okoli   +2 more
doaj   +1 more source

Financial integration, euro and the twin deficits of southern Eurozone countries [PDF]

open access: yesPanoeconomicus, 2013
The purpose of this study is the examination of the relationship between fiscal and Current Account balances for the countries of southern eurozone. The twin deficit hypothesis is tested within the context of a portfolio model involving variables from
Kosteletou Nikolina E.
doaj   +1 more source

Türkiye Cari İşlemler Dengesi Sorunları

open access: yesJournal of Business Administration and Social Studies, 2021
In this study, it is tried to determine the causes of Turkish Current Account Deficits between 1980 and 2006 empirically. After the current account deficits and the causes of deficits are examined theoretically, a classic linear multiple reggression ...
Çiğdem Börke TUNALI
doaj   +2 more sources

Analysis of twin deficits hypothesis in Indonesia and its impact on financial crisis

open access: yesHeliyon, 2020
This study aims to analyze the relationship between the current account and budget deficit (twin deficits hypothesis), measuring the account performance and other macroeconomic indicators in predicting the debt crisis in Indonesia.
Rossanto Dwi Handoyo   +2 more
doaj   +1 more source

Contradicting the twin deficits hypothesis: The role of tax revenues composition [PDF]

open access: yesPanoeconomicus, 2014
The general theory of twin deficits hypothesis does not consider specific characteristics of domestic tax systems, i.e. whether the revenue side of the budget is dominated by indirect or by direct taxes.
Obadić Alka   +2 more
doaj   +1 more source

Prevalence of twin deficits in selected European Union countries and in Poland in the years 2009–2018 [PDF]

open access: yesPrzegląd Europejski, 2021
The aim of the article is to determine the degree, direction and strength of impact of the studied variables, i.e. the state budget balance and the current account balance as part of Poland’s balance of payments in the years 2009-2018 against the ...
Izabela Zawiślińska, Piotr Cirin
doaj   +1 more source

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