Current account deficit sustainability: The case of Greece

被引：43

作者：

Apergis, N

Katrakilidis, KP ^{[2
]}

Tabakis, NM

机构：

[1] Univ Macedonia, Salonika, Greece

[2] Aristotelian Univ Salonika, GR-54006 Salonika, Greece

[3] Inst Educ Technol, Salonika, Greece

来源：

APPLIED ECONOMICS LETTERS | 2000年 / 7卷 / 09期

关键词：

D O I：

10.1080/13504850050059087

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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.

引用

收藏

页码：599 / 603

页数：5

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