文章基本信息

标题：Long-run relationship with shifts between Mexican current account revenues and expenditures
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作者：Daniel Ventosa-santaulària ; Manuel Gómez-zaldívar ; Lizet A Pérez 等
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2013
卷号：33
期号：2
页码：1317-1327
出版社：Economics Bulletin
摘要：We study whether there is a long-run relationship between Mexican current account (CA) revenues and expenditures. Our results show that evidence in favor of this claim is drawn only when (at least) three structural break levels are allowed. The CA therefore behaves as a broken-mean stationary process. The shifts in the CA seem to be caused by large and sudden changes in the real exchange rate.
关键词：Current Account; Mexico; Cointegration; Structural Breaks