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Structural breaks and the twin deficits hypothesis : evidence from East Asian countries.


Citation

Baharumshah, Ahmad Zubaidi and Lau, Evan (2009) Structural breaks and the twin deficits hypothesis : evidence from East Asian countries. Economics Bulletin, 29 (4). pp. 2517-2524. ISSN 1545-2921

Abstract / Synopsis

In this paper, we examine the relevance of the twin deficits hypothesis (TDH) for selected East Asian countries. Empirical results reveal that the admission of regime shifts substantially influences the conclusion that TDH exists in four out of the seven countries that we have investigated. It seems that TDH are less likely to be evident in countries with highly developed financial systems (Singapore and Japan).


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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Publisher: Economics Bulletin
Keywords: Twin deficits; Structural breaks.
Depositing User: Emelda Mohd Hamid
Date Deposited: 25 Jun 2013 15:48
Last Modified: 02 Sep 2015 10:00
URI: http://psasir.upm.edu.my/id/eprint/16868
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