Brazil's twin deficits: An empirical examination

被引：0
|
作者：
M. Faizul Islam
机构：
[1] University of Pittsburgh,
来源：
Atlantic Economic Journal | 1998年 / 26卷 / 2期
关键词：
Causal Relationship; Prediction Error; Empirical Result; International Economic; Public Finance;
D O I：
10.1007/BF02299354
中图分类号：
学科分类号：
摘要：
This paper examines empirically the causal relationship between budget deficits and trade deficits for Brazil from 1973:1Q through 1991:4Q. This relationship is investigated in the context of Granger's test of causality. The final prediction error criterion, as outlined by Hsiao [1981], is applied in determining the appropriate lag length of the two variables. Empirical results suggested the presence of bilateral causality between trade deficits and budget deficits.
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页码：121 / 128
页数：7
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