Abu, N. (2017). Does Okun’s law exist in Nigeria? Evidence from ARDL bounds testing approach. Contemporary Economics, 11(2), 131-144.

Abu, N. (2019). Inflation and unemployment trade-off: A re-examination of the Phillips curve and its stability in Nigeria. Contemporary Economics, 13(1), 21-34.

Abu, N., & Staniewski, M. W. (2019). Determinants of corruption in Nigeria: Evidence from various estimation techniques. Economic Research-Ekonomska Istra?ivanja, 32(1), 3052-3076.

Ahmad, A. H., Aworinde, O. B., & Martin, C. (2015). Threshold cointegration and the short-run dynamics of twin deficit hypothesis in African countries. Journal of Economic Asymmetries, 12, 80-91.

Ahmed, S. M., & Ansari, M. I. (1994). A tale of two deficits: An empirical investigation for Canada. International Trade Journal, 8(4), 483-503.

Alhassan, A. L., & Fiador, V. (2014). Insurance-growth nexus in Ghana: An autoregressive distributed lag bounds cointegration approach. Review of Development Finance, 4(2), 83-96.

Aloryito, G. K., Senadza, B., & Nketiah-Amponsah, E. (2016). Testing the twin deficits hypothesis: Effect of fiscal balance on current account balanceA panel analysis of Sub-Saharan Africa. Modern Economy, 7, 945-954.

Alse, J., & Bahmani-Oskooee, M. (1992). Are the twin deficits really related? A comment. Contemporary Policy Issues, 10, 108-111.

Anoruo, E., & Ramchander, S. (1998). Current account and fiscal deficits: Evidence from five developing economies of Asia. Journal of Asian Economics, 9(3), 487-501.

Aqeel, A., & Nishat, M. (2000). The twin deficits phenomenon: Evidence from Pakistan. Pakistan Development Review, 39(4), 535-550.

Aristovnik, A. (2008). Short-term determinants of current account deficits: Evidence from Eastern Europe and the former Soviet Union. Eastern European Economics, 46(1), 24-42.

Aristovnik, A., & Djuri?, S. (2010). Twin deficits and the Feldstein-Horioka puzzle: A comparison of the EU member states and candidate countries. MPRA Paper, 24149.

Arora, H. K., & Dua, P. (1993). Budget deficits, domestic investment and trade deficits.Contemporary Policy Issues, 11, 29-44.

Aslan, M., Buyrukoglu, S., Oz, E., & Nazlioglu, S. (2014). Does fiscal policy matter for trade balance in the OECD countries? Panel vector error correction estimation. International Journal of Trade and Global Markets, 7(4), 271-284.

Bachman, D. D. (1992). Why is the U.S current account deficit so large? Evidence from vector autoregressions.Southern Economic Journal, 59(2), 232-240.

Baharumshah, A. Z., Lau, E., & Khalid, A. M. (2006). Testing twin deficits hypothesis using VARs and variance decomposition. Journal of the Asia Pacific Economy, 11(3), 331-354.

Baharumshah, A. Z., & Lau, E. (2007). Dynamics of fiscal and current account deficits in Thailand: An empirical investigation. Journal of Economic Studies, 34(6), 454-475.

Baharumshah, A. Z., & Lau, E. (2009). Structural breaks and the twin deficits hypothesis: Evidence from East Asian countries. Economics Bulletin, 29(4), 1-7.

Banday, U. J., & Aneja, R. (2018). Does fiscal deficit affect current account deficit in India? An econometric analysis. Review of Market Integration, 9(3) 1-20.

Basu, S., & Datta, D. (2005). Does fiscal deficit influence trade deficit?: An econometric enquiry. Economic and Political Weekly, 40(30), 3311-3318.

Bayraktar, Y., Egri, T., & Yildiz, F. (2016). A causal relationship between oil prices, current account deficit, and economic growth: An empirical analysis from fragile five countries. Ecoforum Journal, 5(3), 29-44.

Besel, F. (2017). Oil prices affect current account deficit: Empirical evidence From Turkey. Journal of Applied Research in Finance and Economics, 3(2), 13-21.

Bluedorn, J., & Leigh, D. (2011). Revisiting the twin deficits hypothesis: The effect of fiscal consolidation on the current account.IMF Economic Review, 59, 582-602.

Bollano, J., & Ibrahimaj, D. (2015). Current account determinants in Central and Eastern European Countries. Graduate Institute of International and Development Studies Working Paper, 22/2015.

Calderón, C., Chong, A., & Loayza, N. (2000). Determinants of current account deficits in developing countries. Policy Research Working Paper, 2398.

Cavdar, S. C., & Aydin, A. D. (2015). Understanding the factors behind current account deficit problem: A panel logit approach on 16 OECD member countries. Procedia Economics and Finance, 30, 187-194.

Chen, Y., & Liu, D. (2018). Government spending shocks and the real exchange rate in China: Evidence from a sign-restricted VAR model. Economic Modelling, 68, 543-554.

Chinn, M. D., & Prasad, E. S. (2003). Medium-term determinants of current accounts in industrial and developing countries: An empirical exploration.Journal of International Economics, 59(1), 47-76.

Daly, V., & Siddiki, J. U. (2009). The twin deficits in OECD countries: Cointegration analysis with regime shifts. Applied Economics Letters, 16(11), 1155-1164.

Dickey, D. A., & Fuller, W. A. (1979). Distribution of the estimators for autoregressive time series with a unit root. Journal of the American statistical association, 74(366a), 427-431.

Enders, W., & Lee, B-S. (1990). Current account and budget deficits: Twins or distant cousins? Review of Economics and Statistics, 72(3), 373-381.

Engle, R. F., & Granger, C. J. (1987). Cointegration and error-correction - Representation, estimation and testing. Econometrica, 55(2), 251-278.

Forte, F., & Magazzino, C. (2013). Twin deficits in the European countries.  International Advances in Economic Research, 19(3), 289-310.

Goyal, A., & Kumar, A. (2018). The effect of oil shocks and cyclicality in hiding Indian twin deficits. Journal of Economic Studies, 45(1), 27-45.

Granger, C. W. J. (1986). Development in the study of cointegrated economic variables. Oxford Bulletin of Economics and Statistics, 48(3), 213-228.

Greene, W. (2003). Econometric Analysis. 5th ed. New Jersey: Prentice Hall.

Grier, K., & Ye, H. (2009). Twin sons of different mothers: The long and short of the twin deficits debate. Economic Inquiry, 47(4), 625-638.

Hatemi-J, A.,& Shukur, G. (2002). Multivariatebased causality tests of twin deficits in the US. Journal of Applied Statistics, 29(6), 817-824.

Helmy, H. E. (2018). The twin deficit hypothesis in Egypt. Journal of Policy Modeling, 4(2), 328-349.

Huntington, H. G. (2015). Crude oil trade and current account deficits. Energy Economics, 50, 70-79.

Idil, U. Z. (2010). Determinants of current account: The relationship between internal and external balances in Turkey. Applied Econometrics and International Development, 10(2), 115-126.

Islam, M. F. (1998). Brazil’s twin deficits: An empirical examination. Atlantic Economic Journal, 26(2), 121-128.

Johansen, S. (1988). Statistical analysis of cointegration vectors. Journal of Economic Dynamics and Control, 12(2-3), 231-254.

Johansen, S. (1991). Estimation and hypothesis testing of cointegration vectors in Gaussian vector autoregressive models. Econometrica, 59(6), 1551-1580.

Johansen, S., & Juselius, K. (1990). Maximum likeli-hood estimation and inference on cointegration - With applications to the demand for money. Oxford Bulletin of Economics and Statistics, 52(2), 169-210.

Kalou, S., & Paleologou, S. (2012). The twin deficits hypothesis: Revisiting an EMU country. Journal of Policy Modeling, 34, 230-241.

Katircioglu, S. T., Fethi, S., & Fethi, M. D. (2009). Twin deficits phenomenon in small islands: An empirical investigation by panel data analysis. Applied Economics Letters, 16(15), 1569-1573.

Khalid, A. M., & Guan, T. W. (1999). Causality tests of budget and current account deficits: Crosscountry comparisons. Empirical Economics, 24, 389-402.

Kiran, B. (2011). On the twin deficits hypothesis: Evidence from Turkey. Applied Econometrics and International Development, 11(1), 59-66.

Kouassi, E., Mougoué, M., & Kymn, K. O. (2004). Causality tests of the relationship between the twin deficits. Empirical Economics, 29,503-525.

Kumar, P. S. (2016). Twin deficit hypothesis: Some recent evidence from India. Global Business and Economics Review, 18(3-4), 487-495.

Lau, E., & Baharumshah, A. Z. (2004). On the twin deficits hypothesis: Is Malysia different? Pertanika Journal of Social Sciences and Humanities, 12(2), 87-100.

Lau, E., & Baharumshah, A. Z. (2006). Twin deficits hypothesis in SEACEN countries: A panel data analysis of relationship between public budget and current account deficits. Applied Econometrics and International Development, 6(2), 213-226.

Lau, E., Mansor, S. A., & Puah, C-H. (2010). Revival of the twin deficits in Asian crisis affected countries. Economic Issues, 15(1), 29-53.

Leachman, L. L., & Francis, B. (2002). Twin deficits: Apparition or reality?. Applied Economics, 34(9), 1121-1132.

Liew, V. K-S. (2004). Which lag length selection criteria should we employ? Economics Bulletin, 3(33), 1-9.

Lutkepohl, H. (1991). Introduction to Multiple Time Series Analysis. Springer-Verlag, Germany. Magazzino, C. (2017). Twin deficits or Ricardian Equivalence? Empirical evidence in the APEC countries. Asian Economic and Financial Review, 7(10), 959-971.

Marinheiro, C. F. (2008). Ricardian equivalence, twin deficits, and the Feldstein-Horioka puzzle in Egypt. Journal of Policy Modeling, 30, 1041-1056.

Montalvo, J. G. (1995). Comparing cointegrating regression estimators: Some additional Monte Carlo results. Economics Letters, 48, 229-234.

Mukhtar, T., Zakaria, M., & Ahmed, M. (2007). An empirical investigation for the twin deficits hypothesis in Pakistan. Journal of Economic Cooperation and Development, 28(4), 63-80.

Mumtaz, K., & Munir, K. (2016). Dynamics of twin deficits in South Asian countries. MPRA Paper, 74592.

Musau, A., & Veka, S. (2018). Crude oil trade and current account deficits: Replication and extension. Empirical Economics, 1-23.

Nadenichek, J. (2016). A cross-country test of Ricardian Equivalence and the twin deficits hypothesis. International Journal of Applied Economics, 13(1), 32-42.

Narayan, S., & Narayan, P. K. (2004). Determinants of demand for Fiji’s exports: An empirical investigation. Developing Economies, 42(1), 95-112.

Onafowora, O. A., & Owoye, O. (2006). An empirical investigation of budget and trade deficits: The case of Nigeria. Journal of Developing Areas, 39(2), 153-174.

Özata, E. (2014). Sustainability of current account deficit with high oil prices: Evidence from Turkey. International Journal of Economic Sciences, 3(2). 71-88.

Ozturk, I., & Acaravci, A. (2010). The causal relationship between energy consumption and GDP in Albania, Bulgaria, Hungary and Romania: Evidence from ARDL bounds testing approach. Applied Energy, 87(6), 1938-1943.

Ozturk, I., & Acaravci, A. (2011). Electricity consumption and real GDP causality nexus: Evidence from ARDL bounds testing approach for 11 MENA countries. Applied Energy, 88(8), 2885-2892.

Paparas, D., Richter, C., & Mu, H. (2016). An econometric analysis of the twin deficits hypothesis in Greece during the period 1960-2014. Applied Economics Quarterly, 62(4), 341-360.

Pattichis, C. (2004). Budget and trade deficits in Lebanon. Applied Economics Letters, 11(2), 105-108.

Pelagidis, T., & Desli, E. (2004). Deficits, growth and the current slowdown: What role for fiscal policy?. Journal of Post Keynesian Economics, 26(3), 461-469.

Pesaran, H. M., & Shin, Y. (1999). Autoregressive distributed lag modelling approach to cointegration analysis. In: Storm, S. Editor. econometrics and economic theory in the 20thcentury; The Ragnar Frisch centennial symposium. Cambridge University Press, (chapter 11).

Pesaran, M. H., Shin, Y., & Smith R. J. (2001). Bounds testing approaches to the analysis of level relationships. Journal of Applied Econometrics, 16, 289-326.

Phillips, P. C., & Perron, P. (1988). Testing for a unit root in time series regression. Biometrika, 75(2), 335-346.

Piersanti, G. (2000). Current account dynamics and expected future budget deficits: Some international evidence. Journal of International Money and Finance, 19, 255-271.

Ravinthirakumaran, N., Selvanathan, S., & Selvanathan, E. A. (2016). The twin deficits hypothesis in the SAARC countries: An empirical investigation. Journal of the Asia Pacific Economy,  21(1), 77-90.

Raza, S. A., & Jawaid, S. T. (2014). Foreign capital inflows, economic growth and stock market capitalization in Asian countries: An ARDL bound testing approach. Quality & Quantity, 48(1), 375- 385.

Rosensweig, J. A., & Tallman, E. W. (1993). Fiscal policy and trade adjustment: Are the deficits really twins?. Economic Inquiry, 31(4), 580-594.

Saikkonen, P. (1992). Estimation and testing of cointegrated systems by an autoregressive approximation. Econometric Theory, 8(1), 1-27.

Saleh, A. S., Nair, M., & Agalewatte, T. (2005). The twin deficits problem in Sri Lanka: An econometric analysis. South Asia Economic Journal, 6(2), 221-239.

Salvatore, D. (2006). Twin deficits in the G-7 countries and global structural imbalances. Journal of Policy Modeling, 28, 701-712.

?en, H., & Kaya, A. (2016). Are the twin or triple deficits hypotheses applicable to post-communist countries?. BOFIT Discussion Papers, 3/2016.

?en, A., Senturk, M., Sancar, C., & Akbas, Y. E. (2014). Empirical findings on triplet deficits hypothesis: The case of Turkey. Journal of Economic Cooperation and Development, 35(1), 81-102.

Singh, T. (2015). Trade openness and economic growth in Canada: An evidence from time-series tests. Global Economy Journal, 15(3), 361-407.

Soukiazis E., Antunes, M., & Kostakis, I. (2017). The Greek economy under the twin-deficit pressure: A demand orientated growth approach. International Review of Applied Economics, 32(2), 215-236.

Soukiazis, E., Cerqueira P. A., & Antunes, M. (2015). Causes of the decline of economic growth in Italy with special reference to the post-euro period: A balance-of-payments approach. Review of Keynesian Economics, 3(4), 491-516.

Stock, J. H., & Watson, M. W. (1993). A simple estimator of cointegrating vectors in higher order integrated systems. Econometrica, 61(4), 783-820.

Tang, C. F. (2015). General equilibrium perspective on twin deficits hypothesis: An empirical study with US results. Global Economic Review, 44(2), 184-201.

Tang, C. F., & Lean, H. H. (2007a). Will inflation increase crime rate? New Evidence from bounds and modified Wald tests. Global Crime, 8(4), 311-323.

Tang, C. F., & Lean, H. H. (2007b). Is Phillips curve stable in Malaysia? New empirical evidence. Malaysian Journal of Economic Studies, 44(2), 95-105.

Toda, H. Y., & Yamamoto, T. (1995). Statistical inferences in vector auto-regressions with possibly integrated processes. Journal of Econometrics, 66(1), 225-250.

Tosun, M. U., Iyidogan, P. V., & Telatar, E. (2014). The twin deficits in selected Central and Eastern European economies: Bounds testing approach with causality analysis. Romanian Journal of Economic Forecasting, XVII(2), 141-160.

Trachanas, E., & Katrakilidis, C. (2013). The dynamic linkages of fiscal and current account deficits: New evidence from five highly indebted European countries accounting for regime shifts and asymmetries. Economic Modelling, 31, 502-510.

Ucal, H., & Bolukbas, M. (2013). The role of twin deficits in sustainable growth: An econometric analysis for Turkey. Journal of Economic and Social Studies, 3(2), 39-51.

Vamvoukas, G. A. (1999). The twin deficits phenomenon: Evidence from Greece. Applied Economics, 31(9), 1093-1100.

Vlahinic, N., & Jakovac, P. (2014). Revisiting the energy consumption-growth nexus for Croatia: New evidence from a multivariate framework analysis. Contemporary Economics, 8(4), 435-452.

Xie, Z., & Chen, S-W. (2014). Untangling the causal relationship between government budget and current account deficits in OECD countries: Evidence from bootstrap panel Granger causality. International Review of Economics and Finance, 31, 95-104.

Zapata, H. O., & Rimbaldi, A. N. (1997). Monte Carlo evidence on cointegration and causation. Oxford Bulletin of Economics and Statistics, 59(2), 285-298