Investment and the Current Account Model of the G-7

T.B. Iscan and U.L.G. Rao

Department of Economics at Dalhousie University working papers archive from Dalhousie, Department of Economics

Abstract: The joint behavior of investment and the current account is derived as a triangular simultaneous equations model. To estimate this model for the G7 countries, we propose a full-information GLS estimator for panel data that extends Zellner-Theil three-stage least squares estimator and allows for parameter heterogeneity across individual countries.

Keywords: INVESTMENTS; INTERNATIONAL ECONOMY; ECONOMIC MODELS; REGRESSION ANALYSIS (search for similar items in EconPapers)
JEL-codes: C33 F41 (search for similar items in EconPapers)
Date: 2000

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:dal:wparch:2000-3

Access Statistics for this paper

More papers in Department of Economics at Dalhousie University working papers archive from Dalhousie, Department of Economics
Contact information at EDIRC.
Series data maintained by ().