Elisabeth Pereira
Abstract:
The economic and financial crisis forced Portugal to adjust its external deficit, which had accumulated over almost two decades. This paper aimed to identify empirically the determinants of the Portuguese current account balance to understand the accumulation of the external deficit. For this purpose, several econometric estimations with the ARDL model and Granger causality tests were applied to quarterly macroeconomic data from 1999 to 2017. The results show that GDP per capita and the budget balance are the variables that most influence the formation of t he current account balance
Tenth International Scientific-Business Conference LIMEN Leadership, Innovation, Management and Economics: Integrated Politics of Research - LIMEN 2024 - International Scientific-Business Conference – LIMEN 2024: Vol 10. Conference Proceedings , December 5, 2024
Conference Proceedings published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia
ISBN: 9788680194929 , ISSN: 26836149 , DOI: 10.31410/LIMEN.2024
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