<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The current account balance is an important indicator which reveals information on a country’s economic situation such as investments, capital flows, and indebtedness. The main purpose of this study is to examine the current account balance conditions in emerging Asian countries. In this respect, the long-run and causality relationship between current account balance, economic growth, government expenditure, real interest rates, and foreign direct investment was examined. The panel data analysis was applied using the data dated 1986 to 2015. Our results revealed a causal effect from economic growth and government expenditure to current account balance mainly dependent on saving tendency.</p>
</abstract>

The current account balance is an important indicator which reveals information on a country’s economic situation such as investments, capital flows, and indebtedness. The main purpose of this study is to examine the current account balance conditions in emerging Asian countries. In this respect, the long-run and causality relationship between current account balance, economic growth, government expenditure, real interest rates, and foreign direct investment was examined. The panel data analysis was applied using the data dated 1986 to 2015. Our results revealed a causal effect from economic growth and government expenditure to current account balance mainly dependent on saving tendency.

Current Account Balance in Emerging Asia

Faculty of Economics and Administrative Sciences, Department of International Trade and Logistics

School of Social Science, Department of Economics

Studies in Business and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Current Account Balance in Emerging Asia"}

The current account balance is an important indicator which reveals information on a country’s economic situation such as investments, capital flows, and...

Current Account Balance in Emerging Asia

Data publikacji: 26 maj 2021

Zakres stron: 12 - 25

DOI: https://doi.org/10.2478/sbe-2021-0002

Słowa kluczowe
Current account balance, emerging Asia, panel co-integration, panel causality

© 2021 Kivanç Halil Ariç et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Current Account Balance in Emerging Asia

Data publikacji: 26 maj 2021

Zakres stron: 12 - 25

DOI: https://doi.org/10.2478/sbe-2021-0002

Słowa kluczoweCurrent account balance, emerging Asia, panel co-integration, panel causality

© 2021 Kivanç Halil Ariç et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Słowa kluczowe
Current account balance, emerging Asia, panel co-integration, panel causality