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The twin deficits hypothesis: Revisiting an EMU country

Journal of Policy Modeling, 2012
Abstract We re-examine the issue of the twin deficits hypothesis since recent theoretical and empirical analysis suggests that this hypothesis is subject to structural shifts, the identification of which is very important for policymakers in order to take the correct decisions to overcome situations of economic turmoil.
Sofia Kalou, Suzanna-Maria Paleologou
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Global aspects of the twin deficit hypothesis

Economic Thought journal, 2018
The twin deficit hypothesis, which explores the causal link between the budget deficit and the current account deficit, is put to the test for a sample of 188 countries for the period 1980-2014. The obtained results show that there is a complex impact on the current account dynamics, which cannot be explained solely by the dynamics of a single variable,
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Twin deficit hypothesis: some recent evidence from India

Global Business and Economics Review, 2016
The purpose of this study is to examine the relationship between budget deficit and trade deficit commonly known as 'twin deficits hypotheses' in Indian economy. We used time series data for the period of 1970 to 2013. The empirical results of this study follow the autoregressive distributed lag (ARDL) cointegration technique for long run and short run
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The twin deficits hypothesis: Evidence from Ghana

2016
Purpose - This paper investigates the twin deficit hypothesis for Ghana in view of the persistent co-movement between the budget deficit (BD) and current account deficit (CAD) over the past three decades. Design/methodology/approach - The paper uses annual data for the period 1980-2014 and ascertains whether there is long-run association between the ...
Senadza, Bernardin   +1 more
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TWIN DEFICIT HYPOTHESIS: KYRGYZSTAN CASE

2014
В данной статье обосновывается гипотеза двойного дефицита (взаимосвязь между дефицитом бюджета и дефицитом счета текущих операций), используя квартальный период данных за 2000-2013 гг. в Кыргызстане. Существует сильная положительная связь между этими двумя дефицитами. Регрессионный анализ показал, что увеличение дефицита бюджета на один доллар приводит
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TIME SERIES ANALYSES OF TWIN DEFICITS HYPOTHESIS IN TURKEY [PDF]

open access: possible, 2011
In this study examines Twin Deficits Hypothesis over the period 1987:01–2007:03 in Turkey by using econometric Vector Autoregressive Model technique. The Public deficit indicators represented by public sector borrowing requirement and domestic dept percentage of gross domestic product.
Bedriye Tuncsiper, Dilek Surekci
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The Twin Deficits Hypothesis: Empirical Evidence from Croatia

2011
Large and persistent budget deficits have occurred together with current account deficits in many (industrial) countries over the past two decades. This important issue known as the “twin deficits” has intrigued many researchers, economists and policy- makers.
Grdović Gnip, Ana, Krtalić, Sandra
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The Twin Deficits Hypothesis - A Case Study Of Croatia

2012
The main purpose of this paper is to analyze the relationship between the budget and trade deficits in the small, open, Croatian economy. Croatia is a country which has dragged along with the chronic problem of trade deficit balance for two decades, so the question of sustainability of further life above production capability is posed, as well as the ...
Šergo, Zdravko   +2 more
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An Empirical Investigation of Twin Deficits Hypothesis: Evidence from India

Journal of Quantitative Economics, 2018
The paper empirically examines the relationship between fiscal deficit and current account deficit in India for the period from 1970–1971 to 2013–2014. The Autoregressive Distributed Lag (ARDL) bounds testing approach is employed to analyze the long run and short run relationship between the twin deficits.
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The Twin Deficit Hypothesis: A Global Empirical Approach

The present paper tries to investigate empirically the global characteristics of the twin deficit hypothesis (TDH). A global definition of the TDH is presented. Different theoretical interpretations of the TDH at national and international levels are discussed.
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