文章基本信息

标题：Relevance of Twin Deficit Hypotheses: An Econometric Analysis with Reference to India
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作者：Suresh K.G. 1 , Vikas Gautam
期刊名称：Theoretical Economics Letters
印刷版ISSN：2162-2078
电子版ISSN：2162-2086
出版年度：2015
卷号：05
期号：02
页码：304-311
DOI：10.4236/tel.2015.52036
语种：English
出版社：Scientific Research Publishing
摘要：Current study examines the relevance of twin deficit hypothesis in Indian context by considering the endogenously determined structural breaks in both unit root and cointegration tests. The cointegration analysis shows that there is no long term relationship between the study variables. But the Granger causality test results indicate that bidirectional granger causality is running between the variables. Results showed no long run relationship between the variables; twin divergence in the long run, while in the short term, variables are related. The findings of the study are based on data for the period 1973-1974 to 2013-2014.
关键词：Current Account Deficit; Fiscal Deficit; Granger-Causality Test; Cointegration Test