Economics at your fingertips  

Threshold adjustment in the current account: sustainability for danger zone economies?

Kurmaş Akdoğan

Applied Economics Letters, 2014, vol. 21, issue 14, 1006-1009

Abstract: We explore the presence of nonlinear adjustment behaviour in current accounts of 29 countries, using linear and nonlinear unit root tests. Our results suggest threshold adjustment in the current accounts of countries with relatively higher average current account deficits. Nonlinear mean reversion might be an indication of sustainability of the current account for these danger zone economies.

Date: 2014
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link) (text/html)
Access to full text is restricted to subscribers.

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:

Ordering information: This journal article can be ordered from

DOI: 10.1080/13504851.2014.904484

Access Statistics for this article

Applied Economics Letters is currently edited by Anita Phillips

More articles in Applied Economics Letters from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

Page updated 2021-06-13
Handle: RePEc:taf:apeclt:v:21:y:2014:i:14:p:1006-1009