Testing for the sustainability of the current account deficit in two industrial countries

dc.contributor.author	Fountas, Stilianos	en
dc.date.accessioned	2010-11-08T10:15:22Z	en
dc.date.available	2010-11-08T10:15:22Z	en
dc.date.issued	1996-07	en
dc.identifier.citation	Fountas, S. (1996). "Testing for the sustainability of the current account deficit in two industrial countries" (Working Paper No. 011) Department of Economics, National University of Ireland, Galway.	en
dc.identifier.uri	http://hdl.handle.net/10379/1365	en
dc.description.abstract	The objective of this paper is to test for the sustainability of the current account deficits in the U.S. and Canada over the 1973-1994 period. Using various unit root and cointegration tests some of which allow for structural changes, we conclude that the real current account deficits-to-GDP ratios are not sustainable.	en
dc.format	application/pdf	en
dc.language.iso	en	en
dc.publisher	National University of Ireland, Galway	en
dc.relation.ispartofseries	Economics working papers;011	en
dc.subject	Economics	en
dc.subject	Deficit sustainability	en
dc.subject	Regime shifts	en
dc.subject	Cointegration	en
dc.title	Testing for the sustainability of the current account deficit in two industrial countries	en
dc.type	Working Paper	en
dc.description.peer-reviewed	peer-reviewed	en