CURRENT ACCOUNT SUSTAINABILITY IN SUB-SAHARAN AFRICAN COUNTRIES: A PANEL COINTEGRATION TEST WITH FOURIER COMPONENT
This paper examines the trade account sustainability for sub-Saharan African (SSA) countries over the period 1960-2014. It addresses three important issues econometrically in the sustainability literature: i) nonlinearity, ii) structural breaks and iii) cross-sectional dependence. By incorporating...
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| Format: | Article |
| Language: | English |
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Juraj Dobrila University of Pula
2018-01-01
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| Series: | Review of Innovation and Competitiveness |
| Online Access: | http://hrcak.srce.hr/file/303743 |