On the dynamics of the greek twin deficits: empirical evidence over the period 1960-2007

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dc.contributor.author Trachanas, Emmanouil
dc.contributor.author Pantelidis, Panagiotis
dc.contributor.author Katrakilidis, Constantinos
dc.contributor.author Athanasenas, Athanasios
dc.date.accessioned 2015-06-25T12:40:14Z
dc.date.available 2015-06-25T12:40:14Z
dc.date.issued 2009
dc.identifier.other https://scholar.google.com/scholar?q=On+the+Dynamics+of+the+Greek+Twin+Deficits:+Empirical+evidence+over+the+period+1960-2007 el
dc.identifier.uri http://apothesis.teicm.gr/xmlui/handle/123456789/1488
dc.description JEL classification: C22, F32, F41, H62 el
dc.description.abstract One of the most important open macroeconomic issues, during the current global economic recession, concerns the sustainability of persistent budget and trade deficits as well as possible interactions between them. These deficits are most crucial due to severe debt servicing costs, faced by today’s economies despite their development level. This paper presents time series evidence over the period 1960 up to 2007, using data of the Greek Economy. Our results confirm ‘weak’ sustainability of both deficits and evidence in favor of the Keynesian rationale regarding the ‘twin deficits hypothesis’. en
dc.format.extent 24 el
dc.language.iso en el
dc.rights Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές *
dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/4.0/ *
dc.title On the dynamics of the greek twin deficits: empirical evidence over the period 1960-2007 en
dc.type Άρθρο σε επιστημονικό περιοδικό el
dc.publication.category Δημοσίευση ανοιχτής πρόσβασης el
dc.relation.journal International Journal of Economic Sciences and Applied Research;Vol. 2, Iss. 2
dc.subject.keyword Budget and Trade Deficits el
dc.subject.keyword Sustainability el
dc.subject.keyword Twin Deficits Hypothesis el
dc.subject.keyword Cointegration el
dc.subject.keyword Greek Economy (1960-2007) el


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Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές