Work

Current account deficit sustainability: The case of Greece

Year: 2000

Type: article

Abstract: The objective of this paper is to investigate the sustainability of the current account deficit in Greece over the 1960–1994 period. The empirical analysis makes use of various unit root and cointegration tests which allow for structural breaks. The results provide evidence in favour of the sustainability of the current account deficit and against a required (and unnecessary) devaluation of the drachma.

Source: Applied Economics Letters

DOI: 10.1080/13504850050059087

Authors: Nicholas Apergis, Konstantinos P. Katrakilidis, Nicholas M. Tabakis

Institutions: University of Macedonia, Aristotle University of Thessaloniki, Alexander Technological Educational Institute of Thessaloniki

Language: English

Topic: Global Financial Crisis and Policies

Subfield: Finance

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W1998682771

FWCI: 1.096

Cites: 23

Cited by: 91

Related to: 10