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Testing the Twin Deficit Hypothesis: Evidence from the Republic of North Macedonia

Bucevska Vesna
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Bucevska Vesna: Ss. Cyril and Methodius University in Skopje, Faculty of Economics-Skopje

Business Systems Research, 2020, vol. 11, issue 3, 45-62

Abstract: An econometric analysis of the twin deficit hypothesis is of special importance for the Republic of North Macedonia in view of its perspective membership in the European Union and from the point of view of its macroeconomic stability in the long run.

Keywords: Twin deficit; Granger causality; VAR; VECM (search for similar items in EconPapers)
JEL-codes: C22 E62 F32 F41 H62 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:bit:bsrysr:v:11:y:2020:i:3:p:45-62:n:4

DOI: 10.2478/bsrj-2020-0026

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