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Budget and trade deficits in Lebanon

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  • Charalambos Pattichis

Abstract

This study addresses one of the main problems facing the Lebanese economy during its recovery from many years of war: the relationship between budget and trade deficits. The results suggest that measures aimed at reducing the budget deficit may also lead to a reduction of the Lebanese trade deficit.

Suggested Citation

  • Charalambos Pattichis, 2004. "Budget and trade deficits in Lebanon," Applied Economics Letters, Taylor & Francis Journals, vol. 11(2), pages 105-108.
  • Handle: RePEc:taf:apeclt:v:11:y:2004:i:2:p:105-108
    DOI: 10.1080/1350485042000200204
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    References listed on IDEAS

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    1. Enders, Walter & Lee, Bong-Soo, 1990. "Current Account and Budget Deficits: Twins or Distant Cousins?," The Review of Economics and Statistics, MIT Press, vol. 72(3), pages 373-381, August.
    2. Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-1072, June.
    3. Muscatelli, Vito Antonio & Hurn, A Stan, 1992. "Cointegration and Dynamic Time Series Models," Journal of Economic Surveys, Wiley Blackwell, vol. 6(1), pages 1-43.
    4. Abul Masih & Rumi Masih, 1998. "A multivariate cointegrated modelling approach in testing temporal causality between energy consumption, real income and prices with an application to two Asian LDCs," Applied Economics, Taylor & Francis Journals, vol. 30(10), pages 1287-1298.
    5. Mr. Jose Martelino & Mr. S. Nuri Erbas & Mr. Adnan Mazarei & Ms. Sena Eken & Mr. Paul Cashin, 1995. "Economic Dislocation and Recovery in Lebanon," IMF Occasional Papers 1995/017, International Monetary Fund.
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    Citations

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    Cited by:

    1. Francesco Forte & Cosimo Magazzino, 2015. "Ricardian equivalence and twin deficits hypotheses in the euro area," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 17(2), pages 148-166, October.
    2. Bazoumana Ouattara, 2007. "Foreign Aid, Public Savings Displacement and Aid Dependency in Cote d'Ivoire: An Aid Disaggregation Approach," Oxford Development Studies, Taylor & Francis Journals, vol. 35(1), pages 33-46.
    3. Nurudeen Abu & Awadh Ahmed Mohammed Gamal, 2020. "An Empirical Investigation of the Twin Deficits Hypothesis in Nigeria: Evidence from Cointegration Techniques," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 14(3), September.
    4. Francesco Forte & Cosimo Magazzino, 2013. "Twin Deficits in the European Countries," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 19(3), pages 289-310, August.
    5. Piotr Bartkiewicz, 2020. "Quantitative Easing: New Normal or Emergency Measure?," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 14(3), September.

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