IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Login to save this article or follow this journal

Economic Growth-Current Account Balance Relationship In Oecd Countries: Analysis Of Panel Data

  • C. Erdem Hepaktan
  • Serkan Cinar

    ()

    (Celal Bayar University
    Celal Bayar University)

In this study, unit root tests, co-integration tests and long term co-efficient tests are researched with panel data of current account balance and GDP for OECD countries. In this research cross section dependence study is measured with LM tests and in conclusion. First generation unit root tests Levin-Lin and Chu(LLC), Breitung, Im-Peseran and Shin (IPS), Fisher ADF, Fisher PP and Hadri estimators are used with second generation unit root tests SURADF (Seemingly Unrelated Regression Augmented Dickey-Fuller), CADF (Cross-Sectionally Augmented Dickey-Fuller) and CIPS estimators. To measure co-integration, Pedroni, Kao, Johansen-Fisher and Westerlund co-integration tests are used. For forecast of long term co-efficent PMGE (Pooled Mean Group Estimation) and MGE (Mean Group Estimation) are used which are the estimators of DOLS. As a consequence of the econometric applications, co-integration relationship between economic growth and current account balance and long term statistically significant co-efficients which change between -0,2 and -0,4 are reached.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.anadolu.edu.tr/arastirma/hakemli_dergiler/sosyal_bilimler/pdf/2012_1/2012-01-04.pdf
Download Restriction: no

Article provided by Anadolu University in its journal Anadolu University Journal of Social Sciences.

Volume (Year): 12 (2012)
Issue (Month): 1 (March)
Pages: 43-58

as
in new window

Handle: RePEc:and:journl:v:12:y:2012:i:1:p:43-58
Contact details of provider: Postal: Yunus Emre Kampusu 26470, Eski┼čehir
Phone: (90) (222) 335-0580 x 2743
Fax: (90) (222) 320-1304
Web page: http://www.anadolu.edu.tr/akademik/birim/genelBilgi/205/3429/1
Email:


More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:and:journl:v:12:y:2012:i:1:p:43-58. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Social Sciences Institute)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.