ГИПОТЕЗА ДВОЙНОГО ДЕФИЦИТА
Authors : Damira Baigonushova
Pages : 26-33
View : 11 | Download : 24
Publication Date : 2014-05-01
Article Type : Research
Abstract :This paper examines the validity of twin deficits hypothesis (the relationship between the budget deficit and the current account deficit) using the quarterly data period 2000:1-2013:4 in Kyrgyzstan. Results show that there is a strong positive relationship between these two deficits. The regression analysis showed that the increase in the budget deficit by one dollar leads to an increase in current account deficit to $0.83. These results confirm the Keynesian view, which asserts the existence of twin deficits.Keywords : twin deficits, budget deficit, the current account deficit, regression