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Scientific paper - Original scientific paper
LONG-RUN RELATIONSHIP BETWEEN EXPORTS AND IMPORTS IN TRANSITION EUROPEAN COUNTRIES
Ekonomski pregled, 61 (2010), 1-2; 3-18. urn:nbn:hr:213:795158
Ahec Šonje, Amina; Podobnik, Boris; Vizek, Maruška

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Ahec Šonje, A., Podobnik, B. & Vizek, M. (2010). LONG-RUN RELATIONSHIP BETWEEN EXPORTS AND IMPORTS IN TRANSITION EUROPEAN COUNTRIES. Ekonomski pregled, 61. (1-2), 3-18. Retrieved from https://urn.nsk.hr/urn:nbn:hr:213:795158

Ahec Šonje, Amina, et al. "LONG-RUN RELATIONSHIP BETWEEN EXPORTS AND IMPORTS IN TRANSITION EUROPEAN COUNTRIES." Ekonomski pregled, vol. 61, no. 1-2, 2010, pp. 3-18. https://urn.nsk.hr/urn:nbn:hr:213:795158

Ahec Šonje, Amina, Boris Podobnik and Maruška Vizek. "LONG-RUN RELATIONSHIP BETWEEN EXPORTS AND IMPORTS IN TRANSITION EUROPEAN COUNTRIES." Ekonomski pregled 61, no. 1-2 (2010): 3-18. https://urn.nsk.hr/urn:nbn:hr:213:795158

Ahec Šonje, A., Podobnik, B. and Vizek, M. (2010) 'LONG-RUN RELATIONSHIP BETWEEN EXPORTS AND IMPORTS IN TRANSITION EUROPEAN COUNTRIES', Ekonomski pregled, 61(1-2), pp. 3-18. Available at: https://urn.nsk.hr/urn:nbn:hr:213:795158 (Accessed 17 April 2024)

Ahec Šonje A, Podobnik B, Vizek M. LONG-RUN RELATIONSHIP BETWEEN EXPORTS AND IMPORTS IN TRANSITION EUROPEAN COUNTRIES. Ekonomski pregled [Internet]. 2010 February 15 [cited 2024 April 17];61(1-2):3-18. Available at: https://urn.nsk.hr/urn:nbn:hr:213:795158

A. Ahec Šonje, B. Podobnik and M. Vizek, "LONG-RUN RELATIONSHIP BETWEEN EXPORTS AND IMPORTS IN TRANSITION EUROPEAN COUNTRIES", Ekonomski pregled, vol. 61, no. 1-2, pp. 3-18, February 2010. [Online]. Available at: https://urn.nsk.hr/urn:nbn:hr:213:795158. [Accessed: 17 April 2024]

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Metadata
Title (english)LONG-RUN RELATIONSHIP BETWEEN EXPORTS AND IMPORTS IN TRANSITION EUROPEAN COUNTRIES
Title (croatian)DUGOROČNI ODNOS IZMEĐU UVOZA I IZVOZA EUROPSKIH TRANZICIJSKIH ZEMALJA
AuthorAmina Ahec Šonje
AuthorBoris Podobnik
AuthorMaruška Vizek
MBZ: 252024
Author's institutionThe Institute of Economics, Zagreb
Scientific / art field,
discipline and subdiscipline		SOCIAL SCIENCES
Economics
Abstract (english)
An important aspect of macroeconomic policy is to monitor the time path of the current account, which can be considered as a measure of national net indebtedness. If current account defi cit is stationary, the external debt is sustainable. In this paper we test the long-run relationship between imports and exports in sixteen transition European countries, using quarterly data from different years in the 1990s to the end of 2006. In order to test the possible cointegration between exports and import in the sample countries, we apply the Johansen approach. We find existence of cointegration in 10 out of 16 analyzed countries. However, restrictions on long run coefficient suggest that current account deficit is sustainable only in 5 countries.
Abstract (croatian)
Nadgledanje vremenske putanje tekućeg računa bilance plaćanja, kojeg možemo smatrati mjerom neto zaduženosti privrede, važan je aspekt makroekonomske politike. Naime, ako je tekući račun stacionaran, vanjski dug je održiv. U ovom radu testiramo dugoročni odnos uvoza i izvoza roba i usluga za šesnaest europskih tranzicijskih zemalja koristeći tromjesečne podatke od devedesetih godina prošlog stoljeća do kraja 2006. Koristi se Johansenova kointegracija da bi se detektiralo postojanje kointegracije između uvoza i izvoza u zemljama iz uzorka. Kod deset zemalja potvrđeno je postojanje kointegracijskog odnosa između uvoza i izvoza. Međutim, uvođenjem restrikcija na dugoročne parametre, zaključuje se da je defi cit tekućeg računa bilance plaćanja održiv u svega pet zemalja.
Keywords (english)
Keywords (croatian)
Languageenglish
Publication typeScientific paper - Original scientific paper
Publication statusPublished
Peer reviewPeer review
Publication versionPublished version
Journal titleEkonomski pregled
Numberingvol. 61, no. 1-2, pp. 3-18
p-ISSN0424-7558
e-ISSN1848-9494
URN:NBNurn:nbn:hr:213:795158
Publication2010-02-15
Document URLhttp://hrcak.srce.hr/49004
Type of resourceText
Access conditionsOpen access
Terms of useLicence In copyright icon
Created on2017-11-13 10:55:52