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On the Sustainability of Current Account Deficits in Cameroon

Yıl 2013, Cilt: 3 Sayı: 2, 486 - 495, 01.06.2013

Edouard T. Djeutem Pierre E. Nguimkeu

https://izlik.org/JA22XA76SH

Öz

Two approaches are used to analyze the sustainability of the current account deficits of Cameroon in order to find out whether current economic policies are sound enough to guarantee the country’ s financial solvency. The first uses a structural procedure to compare current account deficits relative to an optimal benchmark using the Campbell-Shiller’s methodology. The second uses a reduced form approach to test for intertemporal budget constraint through cointegration tests between imports and exports plus net transfer payments on foreign obligations. Our results suggest that the current account imbalances for Cameroon based on data from the period 1970-2002 are “excessive” and the deficits are currently unsustainable.

Anahtar Kelimeler

Current account Sustainability Intertemporal budget constraint Cointegration Stationarity Ponzi scheme

Yıl 2013, Cilt: 3 Sayı: 2, 486 - 495, 01.06.2013

Edouard T. Djeutem Pierre E. Nguimkeu

https://izlik.org/JA22XA76SH

Öz

Toplam 0 adet kaynakça vardır.

Ayrıntılar

Diğer ID JA89KM38ZH
Yazarlar

Edouard T. Djeutem Bu kişi benim

Pierre E. Nguimkeu Bu kişi benim

Yayımlanma Tarihi 1 Haziran 2013
IZ https://izlik.org/JA22XA76SH
Yayımlandığı Sayı Yıl 2013 Cilt: 3 Sayı: 2

Kaynak Göster

APA Djeutem, E. T., & Nguimkeu, P. E. (2013). On the Sustainability of Current Account Deficits in Cameroon. International Journal of Economics and Financial Issues, 3(2), 486-495. https://izlik.org/JA22XA76SH
AMA 1.Djeutem ET, Nguimkeu PE. On the Sustainability of Current Account Deficits in Cameroon. IJEFI. 2013;3(2):486-495. https://izlik.org/JA22XA76SH
Chicago Djeutem, Edouard T., ve Pierre E. Nguimkeu. 2013. “On the Sustainability of Current Account Deficits in Cameroon”. International Journal of Economics and Financial Issues 3 (2): 486-95. https://izlik.org/JA22XA76SH.
EndNote Djeutem ET, Nguimkeu PE (01 Haziran 2013) On the Sustainability of Current Account Deficits in Cameroon. International Journal of Economics and Financial Issues 3 2 486–495.
IEEE [1]E. T. Djeutem ve P. E. Nguimkeu, “On the Sustainability of Current Account Deficits in Cameroon”, IJEFI, c. 3, sy 2, ss. 486–495, Haz. 2013, [çevrimiçi]. Erişim adresi: https://izlik.org/JA22XA76SH
ISNAD Djeutem, Edouard T. - Nguimkeu, Pierre E. “On the Sustainability of Current Account Deficits in Cameroon”. International Journal of Economics and Financial Issues 3/2 (01 Haziran 2013): 486-495. https://izlik.org/JA22XA76SH.
JAMA 1.Djeutem ET, Nguimkeu PE. On the Sustainability of Current Account Deficits in Cameroon. IJEFI. 2013;3:486–495.
MLA Djeutem, Edouard T., ve Pierre E. Nguimkeu. “On the Sustainability of Current Account Deficits in Cameroon”. International Journal of Economics and Financial Issues, c. 3, sy 2, Haziran 2013, ss. 486-95, https://izlik.org/JA22XA76SH.
Vancouver 1.Edouard T. Djeutem, Pierre E. Nguimkeu. On the Sustainability of Current Account Deficits in Cameroon. IJEFI [Internet]. 01 Haziran 2013;3(2):486-95. Erişim adresi: https://izlik.org/JA22XA76SH