Threshold cointegration and the short-run dynamics of twin deficit hypothesis in African countries

This paper examines the relationship between the fiscal deficit and the current account deficit using the threshold cointegration approach of Hansen and Seo (2002). Using quarterly data for nine African countries for the period 1980-2009, a long-run positive cointegrating relationship is established...

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Bibliographic Details
Main Authors: Ahmad Hassan Ahmad, Olalekan B. Aworinde, Christopher Martin
Format: Default Article
Published: 2015
Subjects:
Other economics not elsewhere classified
African countries
Current account deficits
Fiscal deficits
Threshold cointegration
Economics not elsewhere classified
Online Access:https://hdl.handle.net/2134/17966
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