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Medium-term determinants of current accounts in industrial and developing countries : an empirical exploration

The objective of this paper is to provide an empirical characterization of the determinants of current account balances for a large sample of industrial and developing countries. The approach taken here is to view the current account from the longer-run perspective of saving-investment balances. Thus, the roles of the "fundamental" determinants of saving and investment levels are emphasized rather than factors influencing the short-run dynamics of the current account. Using both cross-section and panel data estimation techniques and an extensive dataset that covers industrial and developing countries, we characterize the main determinants of medium-term current account variation across countries and over time.

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  • "Determinants of current accounts in industrial and developing countries"@en
  • "Current accounts in industrial and developing countries"@en

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  • "The objective of this paper is to provide an empirical characterization of the determinants of current account balances for a large sample of industrial and developing countries. The approach taken here is to view the current account from the longer-run perspective of saving-investment balances. Thus, the roles of the "fundamental" determinants of saving and investment levels are emphasized rather than factors influencing the short-run dynamics of the current account. Using both cross-section and panel data estimation techniques and an extensive dataset that covers industrial and developing countries, we characterize the main determinants of medium-term current account variation across countries and over time."@en

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  • "Electronic books"@en

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  • "Medium term determinants of current accounts in industrial and developing countries : an empirical exploration"
  • "Medium-Term Determinants of Current Accounts in Industrial and Developing Countries : An Empirical Exploration"
  • "Medium-term determinants of current accounts in industrial and developing countries : an empirical exploration"@en
  • "Medium-term determinants of current accounts in industrial and developing countries : an empirical exploration"
  • "Medium-Term Determinants of Current Accounts in Industrial and Developing Countries an Empirical Exploration"@en
  • "Medium-term determinants of current accounts in industrial and developing countries an empirical exploration"
  • "Medium-term determinants of current accounts in industrial and developing countries an empirical exploration"@en