English, Article edition: INTERNATIONAL INTERTEMPORAL SOLVENCY IN OECD COUNTRIES: EVIDENCE FROM PANEL UNIT ROOT Hüseyin Kalyoncu

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/197592
Physical Description
  • article
Language
  • English

Edition details

Title
  • INTERNATIONAL INTERTEMPORAL SOLVENCY IN OECD COUNTRIES: EVIDENCE FROM PANEL UNIT ROOT
Author
  • Hüseyin Kalyoncu
Physical Description
  • article
Notes
  • current account, panel data unit-root test, solvency
  • The purpose of this study is to investigate the sustainability of current account of 22 OECD countries by employing Liu and Tanner (1996) testing procedure. The procedure used here is to examine stationarity of current account. By using ADF unit root test on single time series, it has been found that current account of most OECD countries have unit root. This outcome, however, might be due to the generally low power of this test. The aim of this paper is to reconsider this issue by exploiting the extra information provided by the combination of the time-series and cross-sectional data and the subsequent power advantages of panel data unit root tests. We apply the test advocated by Im, Pesaran and Shin (1997). According to estimation, current account deficits in OECD countries are sustainable.
  • solvency, panel data unit-root test, current account
  • RePEc:prg:jnlpep:v:2006:y:2006:i:1:id:275:p:44-49
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment