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  • 标题:Twin Deficits in Cambodia: Are there Reasons for Concern? An Empirical Study
  • 本地全文:下载
  • 作者:Evan Lau ; Tuck Cheong Tang†
  • 期刊名称:Discussion Paper Series / Department of Economics, Monash University
  • 出版年度:2009
  • 卷号:1
  • 出版社:Monash University
  • 摘要:This study examines the inter-linkages between Government budget balance, and external balance for a transition economy in South East Asia – Cambodia. The empirical results of the quarterly data between 1996 and 2006, support twin deficits hypothesis that is the budget deficits do cause external deficits, in the short run. These two macroeconomics variables are moving together in the long run. For implication, these findings provide an insight for the Cambodia’s policy design and formulation.
  • 关键词:Budget Deficits; Cambodia; Current Account Deficit; Unit Root Tests
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