Current Account Balance in Emerging Asia
Author:
Ariç Kivanç Halil1, Sek Siok Kun2, de Sousa Miguel Rocha3
Affiliation:
1. Sivas Cumhuriyet University , Faculty of Economics and Administrative Sciences, Department of International Trade and Logistics , Sivas , Turkey 2. School of Mathematical Sciences , Universiti Sains Malaysia , Penang , Malaysia 3. School of Social Science, Department of Economics , Universidade de Évora , Portugal
Abstract
Abstract
The current account balance is an important indicator which reveals information on a country’s economic situation such as investments, capital flows, and indebtedness. The main purpose of this study is to examine the current account balance conditions in emerging Asian countries. In this respect, the long-run and causality relationship between current account balance, economic growth, government expenditure, real interest rates, and foreign direct investment was examined. The panel data analysis was applied using the data dated 1986 to 2015. Our results revealed a causal effect from economic growth and government expenditure to current account balance mainly dependent on saving tendency.
Publisher
Walter de Gruyter GmbH
Subject
Economics, Econometrics and Finance (miscellaneous),Business, Management and Accounting (miscellaneous),Social Psychology
Reference44 articles.
1. Anoruo, E., Elike, U., (2008), Asymmetric dynamics in current account - intereset rate nexus evidence from asian countries, Investment Management and Financial Innovations Vol. 5, no. 4, pp. 103-110. 2. Arıç, K. H., (2015), Determinants of savings in the apec countries, Theoretical and Applied Economics, Vol. XXII, no.2, (603), pp. 113-122. 3. Batdelger, T., Kandil, M., (2012), Determinants of the current account balance in the united states, Applied Economics, Vol. 44, no. 5, pp. 653-669. 4. Behera, S. R. (2016), Account dynamics and capital mobility in the newly industrialized countries, International Review of Applied Economics, Vol. 30, no. 4, pp. 441-461. 5. Belke, A., Schnabl, G., (2013), Four generations of global imbalances, Review of International Economics, Vol. 21, no. 1, pp.1-5.
Cited by
1 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献
|
|