On the stationarity of current account deficits in the European union

In this paper, we test for the stationarity of EU current account deficits. Our testing strategy addresses two key concerns with regard to unit-root panel data testing, namely (i) the identification of which panel members are stationary, and (ii) the presence of cross-sectional dependence. For this...

Full description

Autores:
Tipo de recurso:
Fecha de publicación:
2010
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/22950
Acceso en línea:
https://doi.org/10.1111/j.1467-9396.2010.00896.x
https://repository.urosario.edu.co/handle/10336/22950
Palabra clave:
Bootstrapping
Budget deficit
European union
Panel data
Testing method
Rights
License
Abierto (Texto Completo)
id EDOCUR2_4c5e35ad630c1ac2834e70ef69ff715d
oai_identifier_str oai:repository.urosario.edu.co:10336/22950
network_acronym_str EDOCUR2
network_name_str Repositorio EdocUR - U. Rosario
repository_id_str
spelling eb727fd3-c31e-4a26-8c50-6f3fee0e65b3-15d0b120d-c27b-4e6f-9263-532c0ef0eef9-1792428146002020-05-25T23:58:55Z2020-05-25T23:58:55Z2010In this paper, we test for the stationarity of EU current account deficits. Our testing strategy addresses two key concerns with regard to unit-root panel data testing, namely (i) the identification of which panel members are stationary, and (ii) the presence of cross-sectional dependence. For this purpose, we employ an AR-based bootstrap approach to the Hadri (2000) test. While there is only mixed evidence that current account stationarity applies when examining individual countries, this does not appear to be the case when considering panels comprising both EU and non-EU members. © 2010 Blackwell Publishing Ltd.application/pdfhttps://doi.org/10.1111/j.1467-9396.2010.00896.x0965757614679396https://repository.urosario.edu.co/handle/10336/22950eng740No. 4730Review of International EconomicsVol. 18Review of International Economics, ISSN:09657576, 14679396, Vol.18, No.4 (2010); pp. 730-740https://www.scopus.com/inward/record.uri?eid=2-s2.0-77955404423&doi=10.1111%2fj.1467-9396.2010.00896.x&partnerID=40&md5=7f4d70a2e7470c99942ed3ff1810cba8Abierto (Texto Completo)http://purl.org/coar/access_right/c_abf2instname:Universidad del Rosarioreponame:Repositorio Institucional EdocURBootstrappingBudget deficitEuropean unionPanel dataTesting methodOn the stationarity of current account deficits in the European unionarticleArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501Holmes, Mark J.Panagiotidis, TheodoreOtero Cardona, Jesús Gilberto10336/22950oai:repository.urosario.edu.co:10336/229502022-05-02 07:37:20.690991https://repository.urosario.edu.coRepositorio institucional EdocURedocur@urosario.edu.co
dc.title.spa.fl_str_mv On the stationarity of current account deficits in the European union
title On the stationarity of current account deficits in the European union
spellingShingle On the stationarity of current account deficits in the European union
Bootstrapping
Budget deficit
European union
Panel data
Testing method
title_short On the stationarity of current account deficits in the European union
title_full On the stationarity of current account deficits in the European union
title_fullStr On the stationarity of current account deficits in the European union
title_full_unstemmed On the stationarity of current account deficits in the European union
title_sort On the stationarity of current account deficits in the European union
dc.subject.keyword.spa.fl_str_mv Bootstrapping
Budget deficit
European union
Panel data
Testing method
topic Bootstrapping
Budget deficit
European union
Panel data
Testing method
description In this paper, we test for the stationarity of EU current account deficits. Our testing strategy addresses two key concerns with regard to unit-root panel data testing, namely (i) the identification of which panel members are stationary, and (ii) the presence of cross-sectional dependence. For this purpose, we employ an AR-based bootstrap approach to the Hadri (2000) test. While there is only mixed evidence that current account stationarity applies when examining individual countries, this does not appear to be the case when considering panels comprising both EU and non-EU members. © 2010 Blackwell Publishing Ltd.
publishDate 2010
dc.date.created.spa.fl_str_mv 2010
dc.date.accessioned.none.fl_str_mv 2020-05-25T23:58:55Z
dc.date.available.none.fl_str_mv 2020-05-25T23:58:55Z
dc.type.eng.fl_str_mv article
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_6501
dc.type.spa.spa.fl_str_mv Artículo
dc.identifier.doi.none.fl_str_mv https://doi.org/10.1111/j.1467-9396.2010.00896.x
dc.identifier.issn.none.fl_str_mv 09657576
14679396
dc.identifier.uri.none.fl_str_mv https://repository.urosario.edu.co/handle/10336/22950
url https://doi.org/10.1111/j.1467-9396.2010.00896.x
https://repository.urosario.edu.co/handle/10336/22950
identifier_str_mv 09657576
14679396
dc.language.iso.spa.fl_str_mv eng
language eng
dc.relation.citationEndPage.none.fl_str_mv 740
dc.relation.citationIssue.none.fl_str_mv No. 4
dc.relation.citationStartPage.none.fl_str_mv 730
dc.relation.citationTitle.none.fl_str_mv Review of International Economics
dc.relation.citationVolume.none.fl_str_mv Vol. 18
dc.relation.ispartof.spa.fl_str_mv Review of International Economics, ISSN:09657576, 14679396, Vol.18, No.4 (2010); pp. 730-740
dc.relation.uri.spa.fl_str_mv https://www.scopus.com/inward/record.uri?eid=2-s2.0-77955404423&doi=10.1111%2fj.1467-9396.2010.00896.x&partnerID=40&md5=7f4d70a2e7470c99942ed3ff1810cba8
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.acceso.spa.fl_str_mv Abierto (Texto Completo)
rights_invalid_str_mv Abierto (Texto Completo)
http://purl.org/coar/access_right/c_abf2
dc.format.mimetype.none.fl_str_mv application/pdf
institution Universidad del Rosario
dc.source.instname.spa.fl_str_mv instname:Universidad del Rosario
dc.source.reponame.spa.fl_str_mv reponame:Repositorio Institucional EdocUR
repository.name.fl_str_mv Repositorio institucional EdocUR
repository.mail.fl_str_mv edocur@urosario.edu.co
_version_ 1814167635238060032

Publicaciones similares