Drivers of European Transition Countries' External Current Accounts: An LSDVC Approach

The sizable and persistent external imbalances of European transition countries have attracted surprisingly little empirical attention. Although increasing external account deficits may be accompanied by accelerated growth rates, they also come with substantial risks. This article identifies and com...

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Bibliographic Details
Published in:	Eastern European economics Vol. 54; no. 5; pp. 405 - 436
Main Authors:	Stojkov, Aleksandar, Warin, Thierry
Format:	Journal Article
Language:	English
Published:	Abingdon Routledge 02.09.2016 Taylor & Francis Group, LLC Taylor & Francis Ltd
Subjects:	Bias Consumption consumption and investment smoothing current account Current accounts Dummy Economic crisis Economic theory External effects Globalization intertemporal trade Investments Panel data Studies Transition economies Eastern Europe Europe
ISSN:	0012-8775, 1557-9298
Online Access:	Get full text
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