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AN EMPIRICAL INVESTIGATION ON THE SUSTAINABILITY OF BALANCING ITEM OF BALANCE OF PAYMENT ACCOUNTS FOR OIC MEMBER COUNTRIES

This study aims to examine the sustainability of balancing item (???net errors and omissions') of balance of payment accounts for OIC (Organisation of the Islamic Conference) member countries. The series specific panel unit root test (SURADF unit root tests) suggest that 9 out of 23 sampled OIC member countries have their balancing item sustainable - Albania, Coted???Ivoire, Indonesia, Kuwait, Malaysia, Mozambique, Pakistan, Tunisia, and Uganda.
Year of publication:
2008-11-01
Authors: Tang, Tuck Cheong ; Lau, Evan
Institutions: Department of Econometrics and Business Statistics, Monash Business School
Subject: Balancing Item (Net Errors and Omissions) | Organisation of the Islamic Conference (OIC) | Sustainability
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Language: English
Notes:
Number 31/08 21 pages
Classification: C22 - Time-Series Models ; F32 - Current Account Adjustment; Short-Term Capital Movements
Source:
Persistent link: https://www.econbiz.de/10005064090
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