Acceso al sitio web del Consejo de Políticas de Infraestructura

   
Redirigiendo al acceso original de articulo en 23 segundos...
ARTÍCULO
TITULO

Sustainability of the Current Account: Evidence from Pakistan

Shabbir Ahmad    

Resumen

This study examines the sustainability of the current account deficit using Pakistani data over the period 1974-2013. Employing the intertemporal budget constraint model and using ARDL bound testing approach, it is concluded that there is a long run relationship between real exports and imports. However, the hypothesis of one to one relationship between the two variables does not hold in its strong form. This highlights the need for better policies to improve the current account balance in the long run.Keywords: Intertemporal Budget Constraint, Current Account Deficit, Cointegration, ARDL, Bound TestingJEL Classifications: F30, F32

PÁGINAS
pp. 68 - 72
MATERIAS
ECONOMÍA

 Artículos similares

       
 
Cristina BARNA     Pág. 7 - 9
Starting with 2015, The 2030 Agenda for Sustainable Development (United Nations, 2015), the global new plan of action for people, planet, and prosperity has raised debates in the academic and research environments, and not only. The 2030 Agenda for Susta... ver más

 
Florian Diener and Miroslav ?pacek    
The financial services sector, particularly with respect to today?s banking industry, is aiming to make a digital transition. Sustainable reporting is a holistic new reporting approach in banking and has only become partially mandatory for the sector. Th... ver más

 
José Mauricio Gil León,John William Rosso Murillo,Edgar Alonso Ramirez Hernández     Pág. 137 - 147
We study the effect of public indebtedness on economic growth in Latin American economies. Our main findings indicate that a Public Debt-GDP ratio of 75% leads to a deceleration in growth. On the other hand, a ratio of 35% increases the growth volatility... ver más

 
James Polak,Jeanette Snowball    
AbstractOrientation: There is growing interest in how international climate change mitigation and adaptation programmes play out at the local level.Research purpose: The aim of this study was to investigate the link between land restoration and... ver más

 
Ömer YALÇINKAYA, Muhammet DASTAN, Kerem KARABULUT     Pág. 1 - 22
In this study, it is aimed to investigate the sustainability of the current account deficit level in Turkish economy, where the process of financially international expansion has accelerated until the 1980?s,  under the inter-period model developed ... ver más