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Published in 2019 at "Review of Economic Dynamics"
DOI: 10.1016/j.red.2018.07.002
Abstract: Are U.S. trade deficits caused by high foreign saving—a global saving glut—or low domestic saving—a domestic saving drought? To answer this question, I conduct a wedge accounting analysis of U.S. trade balance dynamics during 1995-2011…
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Keywords:
trade deficits;
saving drought;
global saving;
domestic saving ... See more keywords
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Published in 2020 at "Structural Change and Economic Dynamics"
DOI: 10.1016/j.strueco.2019.12.006
Abstract: Abstract Even though there has been massive research on the impact of trade liberalization on various aspects of economic performance, its impact on trade deficits have been virtually ignored. This is partly due to the…
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Keywords:
trade deficits;
development deficits;
deficits development;
deficits case ... See more keywords