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2001•Economia Internazionale / International EconomicsRequires access

Is Lebanon’s Trade Deficit Sustainable? A Cointegration Analysis

Charalambos Pattichis, Mona N Kanaan

Open publisher page 4 citations

Abstract

This paper focuses on the sustainability of Lebanon’s trade deficit over a period characterised by war and reconstruction. Annual and quarterly data on imports and exports were used. Unit root and cointegration tests suggest that imports and exports are cointegrated and the trade balance is stationary. These results carry the important implication that Lebanon’s trade deficit is sustainable.

About this research paper

What this paper is about

This paper focuses on the sustainability of Lebanon’s trade deficit over a period characterised by war and reconstruction. Annual and quarterly data on imports and exports were used. Unit root and cointegration tests suggest that imports and exports are cointegrated and the trade balance is stationary. These results carry the important implication that Lebanon’s trade deficit is sustainable.

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OpenAlex reports 4 citations for this work. Citation counts describe recorded attention and do not establish research quality.

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Available abstract

This paper focuses on the sustainability of Lebanon’s trade deficit over a period characterised by war and reconstruction. Annual and quarterly data on imports and exports were used. Unit root and cointegration tests suggest that imports and exports are cointegrated and the trade balance is stationary. These results carry the important implication that Lebanon’s trade deficit is sustainable.

Key concepts: Cointegration, Balance of trade, Unit root, Economics, Sustainability, Carry (investment), Balance (ability), International economics

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