{"id":"https://openalex.org/W2317810019","doi":"https://doi.org/10.18267/j.pep.565","title":"Current Account Deficit, Budget Deficit and Savings Gap: Is the Twin or Triplet Deficit Hypothesis Valid in G7 Countries?","display_name":"Current Account Deficit, Budget Deficit and Savings Gap: Is the Twin or Triplet Deficit Hypothesis Valid in G7 Countries?","publication_year":2015,"publication_date":"2015-11-19","ids":{"openalex":"https://openalex.org/W2317810019","doi":"https://doi.org/10.18267/j.pep.565","mag":"2317810019"},"language":"en","primary_location":{"id":"doi:10.18267/j.pep.565","doi":"https://doi.org/10.18267/j.pep.565","is_oa":true,"landing_page_url":"https://doi.org/10.18267/j.pep.565","pdf_url":"http://pep.vse.cz/pdfs/pep/2016/03/02.pdf","source":{"id":"https://openalex.org/S4210214909","display_name":"Prague Economic Papers","issn_l":"1210-0455","issn":["1210-0455","2336-730X"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310314199","host_organization_name":"Prague University of Economics and Business","host_organization_lineage":["https://openalex.org/P4310314199"],"host_organization_lineage_names":["Prague University of Economics and Business"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Prague Economic Papers","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"http://pep.vse.cz/pdfs/pep/2016/03/02.pdf","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5069160392","display_name":"Yusuf Ekrem Akba\u015f","orcid":"https://orcid.org/0000-0002-9355-2802","observed_orcids":["https://orcid.org/0000-0002-9355-2802"]},"institutions":[{"id":"https://openalex.org/I198587356","display_name":"Ad\u0131yaman University","ror":"https://ror.org/02s4gkg68","country_code":"TR","type":"education","lineage":["https://openalex.org/I198587356"]}],"countries":["TR"],"is_corresponding":false,"raw_author_name":"Yusuf Ekrem Akba\u015f","raw_affiliation_strings":["Yusuf Ekrem Akba\u015f , Department of Economics , Ad\u0131yaman University , Ad\u0131yaman , Turkey","Department of Economics, Ad\u0131yaman University, Ad\u0131yaman, Turkey"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Yusuf Ekrem Akba\u015f , Department of Economics , Ad\u0131yaman University , Ad\u0131yaman , Turkey","institution_ids":["https://openalex.org/I198587356"]},{"raw_affiliation_string":"Department of Economics, Ad\u0131yaman University, Ad\u0131yaman, Turkey","institution_ids":["https://openalex.org/I198587356"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5007860824","display_name":"Fuat Lebe","orcid":"https://orcid.org/0000-0003-4633-8376","observed_orcids":["https://orcid.org/0000-0003-4633-8376","https://orcid.org/0000-0002-4396-7815"]},"institutions":[{"id":"https://openalex.org/I198587356","display_name":"Ad\u0131yaman University","ror":"https://ror.org/02s4gkg68","country_code":"TR","type":"education","lineage":["https://openalex.org/I198587356"]}],"countries":["TR"],"is_corresponding":false,"raw_author_name":"Fuat Lebe","raw_affiliation_strings":["Department of Economics, Ad\u0131yaman University, Ad\u0131yaman, Turkey (flebe@adiyaman.edu.tr)","Department of Economics, Ad\u0131yaman University, Ad\u0131yaman, Turkey"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics, Ad\u0131yaman University, Ad\u0131yaman, Turkey (flebe@adiyaman.edu.tr)","institution_ids":["https://openalex.org/I198587356"]},{"raw_affiliation_string":"Department of Economics, Ad\u0131yaman University, Ad\u0131yaman, Turkey","institution_ids":["https://openalex.org/I198587356"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I198587356"],"apc_list":null,"apc_paid":null,"fwci":1.8168,"has_fulltext":true,"cited_by_count":19,"citation_normalized_percentile":{"value":0.88781503,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":87,"max":97},"biblio":{"volume":"25","issue":"3","first_page":"271","last_page":"286"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.6416000127792358,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.6416000127792358,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.12559999525547028,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.1136000007390976,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/current-account-deficit","display_name":"current account deficit","score":0.9700000286102295},{"id":"https://openalex.org/keywords/budget-deficit","display_name":"budget deficit","score":0.9860000014305115},{"id":"https://openalex.org/keywords/savings-gap","display_name":"savings gap","score":0.9860000014305115},{"id":"https://openalex.org/keywords/twin-deficits","display_name":"twin deficits","score":0.7910000085830688},{"id":"https://openalex.org/keywords/g7-countries","display_name":"G7 countries","score":0.9200000166893005},{"id":"https://openalex.org/keywords/causality","display_name":"causality","score":0.6679999828338623},{"id":"https://openalex.org/keywords/fiscal-policy","display_name":"fiscal policy","score":0.5989999771118164}],"concepts":[{"id":"https://openalex.org/C45619296","wikidata":"https://www.wikidata.org/wiki/Q17010135","display_name":"Deficit spending","level":3,"score":0.8213384747505188},{"id":"https://openalex.org/C52092804","wikidata":"https://www.wikidata.org/wiki/Q56872446","display_name":"Current account","level":3,"score":0.8049558401107788},{"id":"https://openalex.org/C64357122","wikidata":"https://www.wikidata.org/wiki/Q1149766","display_name":"Causality (physics)","level":2,"score":0.593504786491394},{"id":"https://openalex.org/C2993523616","wikidata":"https://www.wikidata.org/wiki/Q17146697","display_name":"Neurological deficit","level":2,"score":0.5538437366485596},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5511627793312073},{"id":"https://openalex.org/C2779018484","wikidata":"https://www.wikidata.org/wiki/Q1186065","display_name":"Democratic deficit","level":4,"score":0.5056512355804443},{"id":"https://openalex.org/C3017694942","wikidata":"https://www.wikidata.org/wiki/Q16254243","display_name":"Attention deficit","level":3,"score":0.47501978278160095},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.2978912591934204},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.16256403923034668},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.13175755739212036},{"id":"https://openalex.org/C2780783007","wikidata":"https://www.wikidata.org/wiki/Q181923","display_name":"Attention deficit hyperactivity disorder","level":2,"score":0.06518784165382385},{"id":"https://openalex.org/C2776988154","wikidata":"https://www.wikidata.org/wiki/Q66100","display_name":"Exchange rate","level":2,"score":0.060170263051986694},{"id":"https://openalex.org/C555826173","wikidata":"https://www.wikidata.org/wiki/Q7174","display_name":"Democracy","level":3,"score":0.0},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.0},{"id":"https://openalex.org/C118552586","wikidata":"https://www.wikidata.org/wiki/Q7867","display_name":"Psychiatry","level":1,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C42219234","wikidata":"https://www.wikidata.org/wiki/Q131130","display_name":"Anesthesia","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.18267/j.pep.565","doi":"https://doi.org/10.18267/j.pep.565","is_oa":true,"landing_page_url":"https://doi.org/10.18267/j.pep.565","pdf_url":"http://pep.vse.cz/pdfs/pep/2016/03/02.pdf","source":{"id":"https://openalex.org/S4210214909","display_name":"Prague Economic Papers","issn_l":"1210-0455","issn":["1210-0455","2336-730X"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310314199","host_organization_name":"Prague University of Economics and Business","host_organization_lineage":["https://openalex.org/P4310314199"],"host_organization_lineage_names":["Prague University of Economics and Business"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Prague Economic Papers","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:prg:jnlpep:v:2016:y:2016:i:3:id:565:p:271-286","doi":null,"is_oa":false,"landing_page_url":"http://pep.vse.cz/doi/10.18267/j.pep.565.html","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:RePEc:prg:jnlpep:v:preprint:id:565:p:1-16","doi":null,"is_oa":false,"landing_page_url":"http://www.vse.cz/pep/565","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"article"}],"best_oa_location":{"id":"doi:10.18267/j.pep.565","doi":"https://doi.org/10.18267/j.pep.565","is_oa":true,"landing_page_url":"https://doi.org/10.18267/j.pep.565","pdf_url":"http://pep.vse.cz/pdfs/pep/2016/03/02.pdf","source":{"id":"https://openalex.org/S4210214909","display_name":"Prague Economic Papers","issn_l":"1210-0455","issn":["1210-0455","2336-730X"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-scientific","cwts-core","jufo-1","norway-1","poland-40","russia-white-list-3","vabb-shw"],"host_organization":"https://openalex.org/P4310314199","host_organization_name":"Prague University of Economics and Business","host_organization_lineage":["https://openalex.org/P4310314199"],"host_organization_lineage_names":["Prague University of Economics and Business"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Prague Economic Papers","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2317810019.pdf","grobid_xml":"https://content.openalex.org/works/W2317810019.grobid-xml"},"referenced_works_count":33,"referenced_works":["https://openalex.org/W274672595","https://openalex.org/W297635253","https://openalex.org/W1602677468","https://openalex.org/W2006334371","https://openalex.org/W2007224522","https://openalex.org/W2011578911","https://openalex.org/W2013314063","https://openalex.org/W2014587538","https://openalex.org/W2020102800","https://openalex.org/W2021290546","https://openalex.org/W2031361931","https://openalex.org/W2037182572","https://openalex.org/W2037516450","https://openalex.org/W2041074465","https://openalex.org/W2053170977","https://openalex.org/W2056815350","https://openalex.org/W2067402622","https://openalex.org/W2094177873","https://openalex.org/W2095351486","https://openalex.org/W2100159459","https://openalex.org/W2122247165","https://openalex.org/W2123136623","https://openalex.org/W2125928818","https://openalex.org/W2127066662","https://openalex.org/W2144682910","https://openalex.org/W2555734248","https://openalex.org/W3122015594","https://openalex.org/W3122089990","https://openalex.org/W4236362574","https://openalex.org/W4248735792","https://openalex.org/W6608084735","https://openalex.org/W6730698668","https://openalex.org/W6987720902"],"related_works":["https://openalex.org/W7027633849","https://openalex.org/W2807967912","https://openalex.org/W4402371851","https://openalex.org/W2065469102","https://openalex.org/W7036018769","https://openalex.org/W2996724381","https://openalex.org/W4402430587","https://openalex.org/W2770622793","https://openalex.org/W2342506639","https://openalex.org/W2144682910"],"abstract_inverted_index":{"The":[0,29,45],"purpose":[1],"of":[2,10,63,142,149],"this":[3],"study":[4],"is":[5,32,112,119,125],"to":[6],"determine":[7],"the":[8,11,17,25,35,39,70,75,80,84,91,99,104,123,128,136,140,147,152,156,160],"validity":[9],"triplet":[12,109],"deficit":[13,22,50,60,73,82,102,110,131],"hypothesis,":[14],"which":[15],"means":[16],"savings":[18,52,76,85,92,161],"gap":[19,53,77,86,93,162],"and":[20,43,51,74,78,83,103,132,159],"budget":[21,49,81,105,133,157],"effect":[23,97],"on":[24,98],"current":[26,58,71,100,129,153],"account":[27,59,72,101,130,154],"deficit.":[28,106,134],"empirical":[30],"model":[31],"estimated":[33],"for":[34,168],"G7":[36],"countries":[37],"during":[38],"period":[40],"between":[41,69,79,127],"1994":[42],"2011.":[44],"findings":[46],"show":[47],"that":[48,139],"have":[54],"important":[55,96],"role":[56,167],"in":[57,61,114,145],"terms":[62],"estimator":[64],"results.":[65],"Moreover,":[66,116],"bi-directional":[67],"causality":[68,124],"are":[87],"determined.":[88],"So,":[89],"especially":[90],"has":[94],"an":[95],"That":[107],"is,":[108],"hypothesis":[111],"valid":[113,121],"G7.":[115],"traditional":[117],"approach":[118],"also":[120],"since":[122],"found":[126],"Thereby,":[135],"authors":[137],"conclude":[138],"choice":[141],"statistical":[143],"tools":[144],"analysing":[146],"nature":[148],"relationship":[150],"among":[151],"deficit,":[155,158],"may":[163],"play":[164],"a":[165],"key":[166],"policy":[169],"makers.":[170]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":3},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":3},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2018,"cited_by_count":3}],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2016-06-24T00:00:00"}
