An empirical investigation on sustainability of balancing item in Asian countries
AbstractThis study explores the sustainability of the balancing item in Asian economies. The conventional unit root tests (includes panel tests) illustrate that the results are rather inconclusive. However, the results from the series-specific panel unit root test consistently illustrate that five of the countries (Singapore, Bangladesh, Indonesia, Korea and Malaysia) balancing item is on the sustainable path. For other remaining eight countries (Maldives, Mongolia, Myanmar, Nepal, Pakistan, the Philippines, Sri Lanka and Thailand), there is evidence that her balancing item of balance of payments accounts is unsustainable.
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Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Applied Economics Letters.
Volume (Year): 15 (2007)
Issue (Month): 2 ()
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Web page: http://www.tandf.co.uk/journals/routledge/13504851.html
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- T Tang, 2009. "Testing for Non-linearity in the Balancing Item of Balance of Payments Accounts: The Case of 20 Industrial Countries," Economic Issues Journal Articles, Economic Issues, vol. 14(2), pages 107-124, September.
- Tuck Cheong Tang & Evan Lau, 2008. "An Empirical Investigation On The Sustainability Of Balancing Item Of Balance Of Payment Accounts For Oic Member Countries," Monash Economics Working Papers 31/08, Monash University, Department of Economics.
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