Economics at your fingertips  

Structural breaks and the twin deficits hypothesis: Evidence from East Asian countries

Ahmad Zubaidi Baharumshah () and Evan Lau ()

Economics Bulletin, 2009, vol. 29, issue 4, 2517-2524

Abstract: In this paper, we examine the relevance of the twin deficits hypothesis (TDH) for selected East Asian countries. Empirical results reveal that the admission of regime shifts substantially influences the conclusion that TDH exists in four out of the seven countries that we have investigated. It seems that TDH are less likely to be evident in countries with highly developed financial systems (Singapore and Japan).

Keywords: Current account; Budget deficit; Twin deficits hypothesis; Regime shift; Asian countries (search for similar items in EconPapers)
JEL-codes: F4 C3 (search for similar items in EconPapers)
Date: 2009-10-05
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed

Downloads: (external link) (application/pdf)

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:

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().

Page updated 2019-10-08
Handle: RePEc:ebl:ecbull:eb-09-00562