The behavior of external debt in Asian countries: evidence based on panel unit root tests
This article investigates the mean-reverting behavior of the external debt ratio based on a clustered of 19 Asian countries from 1981 to 2010. For this purpose, we use a government's intertemporal budget constraint (GIBC) model popularized by Hamilton and Flavin (1986). Our conclusions were dra...
Saved in:
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Vilnius Gediminas Technical University (VGTU) Press Technika
2013
|
| Online Access: | http://psasir.upm.edu.my/id/eprint/28317/1/The%20behavior%20of%20external%20debt%20in%20Asian%20countries.pdf http://psasir.upm.edu.my/id/eprint/28317/ |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Be the first to leave a comment!