An empirical investigation on sustainability of balancing item in Asian countries

Evan, Lau and Tuck Cheong, Tang (2008) An empirical investigation on sustainability of balancing item in Asian countries. Applied Economics Letters, 15 (2). pp. 117-123. ISSN 1466–4291

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Abstract

This study explores the sustainability of the balancing item in Asian economies. The conventional unit root tests (includes panel tests) illustrate that the results are rather inconclusive. However, the results from the series-specific panel unit root test consistently illustrate that five of the countries (Singapore, Bangladesh, Indonesia, Korea and Malaysia) balancing item is on the sustainable path. For other remaining eight countries (Maldives, Mongolia, Myanmar, Nepal, Pakistan, the Philippines, Sri Lanka and Thailand), there is evidence that her balancing item of balance of payments accounts is unsustainable.

Item Type: Article
Uncontrolled Keywords: Sustainability of the balancing item in Asian economies, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak.
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: Karen Kornalius
Date Deposited: 23 Apr 2015 01:42
Last Modified: 23 Apr 2015 01:42
URI: http://ir.unimas.my/id/eprint/7208

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