Current account deficit sustainability: the case of Barbados

$53.17 plus tax (Refund Policy)

Buy Article:

Abstract:

This article investigates the sustainability of the current account deficit in Barbados over the period 1960 to 2006. Various unit root and cointegration techniques are employed to determine whether the country is satisfying its Intertemporal Budget Constraint (IBC). The cointegration regressions suggest that the current account of Barbados is sustainable and that deviations from long-run equilibrium between real exports and imports are corrected in the short-run with imports making the adjustment.

Document Type: Research Article

DOI: http://dx.doi.org/10.1080/00036840802600095

Affiliations: Central Bank of Barbados, Toms Adams Financial Centre, Bridgetown, Barbados

Publication date: March 1, 2011

More about this publication?
Related content

Share Content

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more