@article{woldu2021twin,
  title = {Is The Twin Deficit Hypothesis Applicable in SSA Countries?},
  author = {Gabriel Temesgen WOLDU},
  year = 2021,
  url = {https://ibimapublishing.com/p-articles/38ECO1/2021/3821521/},
  journal = {Communications of International Proceedings},
  volume = 2021 (39),
  abstract = {This study empirically examines the validity of the twin deficits hypotheses using panel ARDL model and Dumitrescu & Hurlin (2012) Granger causality test using an annual panel data set of 18 SSA countries from 2000 to 2018. The paper explores long-run relationship between the series and their short-run dynamics. Our findings, based on panel DFE model suggest that there is a positive relationship between the trade balance (current account) deficit and fiscal deficits and therefore, support the twin deficits hypothesis. In other words, from the Dumitrescu & Hurlin (2012) Granger causality test, we find one directional Granger-causal relationship from trade (or current account) deficits to budget deficits.},
  keywords = {Twin Deficits Hypotheses, Panel DFE Model, Dumitrescu & Hurlin (2012) Granger Causality Test, SSA Countries},
  note = Article ID: 3821521
}