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dc.contributor.authorHeidari, Hassanen_US
dc.contributor.authorKatircioglu, Salih Turanen_US
dc.contributor.authorDavoudi, Narminen_US
dc.date.accessioned2012-05-04T13:04:33Z-
dc.date.available2012-05-04T13:04:33Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/57774-
dc.description.abstractThis paper provides new evidence on the long-run relationship between exports and imports of the Iranian economy by employing bounds test approach to level relationship. In Iran, there have been many unusual policy changes and/or external shocks to the economy which resulted in the occurrence of multitude of structural breaks in macroeconomic variables. By taking these breaks into account, the results of the present study reveal that there is long run equilibrium relationship between imports and exports over the sample period, 1960-2007. This result confirms the finding of Arize (Imports and Exports in 50 Countries: Tests of Cointegration and Structural Breaks, 2002) by employing bounds tests to level relationship and suggests that current account deficits in Iran are sustainable.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kielen_US
dc.relation.ispartofseriesEconomics Discussion Papers 2012-24en_US
dc.subject.jelC22en_US
dc.subject.jelF10en_US
dc.subject.jelF32en_US
dc.subject.ddc330en_US
dc.subject.keywordExportsen_US
dc.subject.keywordimportsen_US
dc.subject.keywordcurrent accounten_US
dc.subject.keywordbounds testen_US
dc.subject.keywordIranen_US
dc.titleAre current account deficits sustainable? New evidence from Iran using bounds test approach to level relationshipen_US
dc.typeWorking Paperen_US
dc.identifier.ppn715116428en_US
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen_US
dc.identifier.repecRePEc:zbw:ifwedp:201224-
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