TY  - JOUR
TT  - Sustainability of the Current Account: Evidence from Pakistan
AU  - Ahmad, Shabbir
PY  - 2017
DA  - June
JF  - International Journal of Economics and Financial Issues
JO  - IJEFI
PB  - İlhan ÖZTÜRK
WT  - DergiPark
SN  - 2146-4138
SP  - 68
EP  - 72
VL  - 7
IS  - 2
KW  - Intertemporal Budget Constraint
KW  - Current Account Deficit
KW  - Cointegration
KW  - Autoregressive Distributed Lag
KW  - Bound Testing
N2  - This study examines the sustainability of the current account deficit using Pakistani data over the period 1974-2013. Employing the intertemporal budget constraint model and using ARDL bound testing approach, it is concluded that there is a long run relationship between real exports and imports. However, the hypothesis of one to one relationship between the two variables does not hold in its strong form. This highlights the need for better policies to improve the current account balance in the long run.
UR  - https://dergipark.org.tr/tr/pub/ijefi/issue//354442
L1  - https://dergipark.org.tr/tr/download/article-file/365608
ER  -