{"id":"https://openalex.org/W7225455135","doi":"https://doi.org/10.5281/zenodo.24025245","title":"Twin Surpluses or Twin Deficits? The Current-Account and Investment Identity in 24 Oil Exporters Versus India and 137 Other Economies, 2000-2023","display_name":"Twin Surpluses or Twin Deficits? The Current-Account and Investment Identity in 24 Oil Exporters Versus India and 137 Other Economies, 2000-2023","publication_year":2026,"publication_date":"2026-11-07","ids":{"openalex":"https://openalex.org/W7225455135","doi":"https://doi.org/10.5281/zenodo.24025245"},"language":"en","primary_location":{"id":"doi:10.5281/zenodo.24025245","doi":"https://doi.org/10.5281/zenodo.24025245","is_oa":true,"landing_page_url":"https://doi.org/10.5281/zenodo.24025245","pdf_url":null,"source":{"id":"https://openalex.org/S4306400562","display_name":"Zenodo (CERN European Organization for Nuclear Research)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67311998","host_organization_name":"European Organization for Nuclear Research","host_organization_lineage":["https://openalex.org/I67311998"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"},"volume":null,"type":"preprint","is_traditional":true,"indexed_in":["datacite"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.5281/zenodo.24025245","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5159002730","display_name":"Manoj Kumar Aguru","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I4405266258","display_name":"Chaitanya","ror":"https://ror.org/01m1bpg27","country_code":"IN","type":"education","lineage":["https://openalex.org/I4405266258"]}],"countries":["IN"],"is_corresponding":true,"raw_author_name":"Aguru, Manoj Kumar","raw_affiliation_strings":["Former Officer, Chaitanya Godavari Grameena Bank (CGGB)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Former Officer, Chaitanya Godavari Grameena Bank (CGGB)","institution_ids":["https://openalex.org/I4405266258"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5159002730"],"corresponding_institution_ids":["https://openalex.org/I4405266258"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.8866999745368958,"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":0.8866999745368958,"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/T11742","display_name":"Economic Theory and Policy","score":0.08150000125169754,"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/T10007","display_name":"Monetary Policy and Economic Impact","score":0.009100000374019146,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/twin-deficits","display_name":"twin deficits","score":0.9879999756813049},{"id":"https://openalex.org/keywords/current-account","display_name":"current account","score":0.9340000152587891},{"id":"https://openalex.org/keywords/savings-investment-gap","display_name":"savings-investment gap","score":0.9430000185966492},{"id":"https://openalex.org/keywords/oil-exporting-countries","display_name":"oil-exporting countries","score":0.6460000276565552},{"id":"https://openalex.org/keywords/gross-fixed-capital-formation","display_name":"gross fixed capital formation","score":0.8500000238418579},{"id":"https://openalex.org/keywords/investment","display_name":"investment","score":0.5870000123977661},{"id":"https://openalex.org/keywords/fuel-exports","display_name":"fuel exports","score":0.5130000114440918},{"id":"https://openalex.org/keywords/india","display_name":"India","score":0.6629999876022339},{"id":"https://openalex.org/keywords/external-balance","display_name":"external balance","score":0.3619999885559082},{"id":"https://openalex.org/keywords/national-accounts","display_name":"national accounts","score":0.46000000834465027}],"concepts":[{"id":"https://openalex.org/C52092804","wikidata":"https://www.wikidata.org/wiki/Q56872446","display_name":"Current account","level":3,"score":0.8787000179290771},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7105000019073486},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.6085000038146973},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.5584999918937683},{"id":"https://openalex.org/C115781380","wikidata":"https://www.wikidata.org/wiki/Q994824","display_name":"Gross fixed capital formation","level":3,"score":0.4677000045776367},{"id":"https://openalex.org/C32768728","wikidata":"https://www.wikidata.org/wiki/Q1728567","display_name":"Capital account","level":2,"score":0.44760000705718994},{"id":"https://openalex.org/C109948328","wikidata":"https://www.wikidata.org/wiki/Q140845","display_name":"Balance of payments","level":2,"score":0.41920000314712524},{"id":"https://openalex.org/C22674136","wikidata":"https://www.wikidata.org/wiki/Q192796","display_name":"Balance of trade","level":2,"score":0.4171999990940094},{"id":"https://openalex.org/C83646750","wikidata":"https://www.wikidata.org/wiki/Q193893","display_name":"Capital (architecture)","level":2,"score":0.415800005197525},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.4059999883174896},{"id":"https://openalex.org/C28719098","wikidata":"https://www.wikidata.org/wiki/Q44946","display_name":"Point (geometry)","level":2,"score":0.37229999899864197},{"id":"https://openalex.org/C181683161","wikidata":"https://www.wikidata.org/wiki/Q7301159","display_name":"Real gross domestic product","level":2,"score":0.3695000112056732},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.3610000014305115},{"id":"https://openalex.org/C120564339","wikidata":"https://www.wikidata.org/wiki/Q5456372","display_name":"Fixed investment","level":5,"score":0.3546000123023987},{"id":"https://openalex.org/C58202505","wikidata":"https://www.wikidata.org/wiki/Q5035700","display_name":"Capital formation","level":4,"score":0.335099995136261},{"id":"https://openalex.org/C33842695","wikidata":"https://www.wikidata.org/wiki/Q490513","display_name":"Foreign direct investment","level":2,"score":0.3312000036239624},{"id":"https://openalex.org/C2991741723","wikidata":"https://www.wikidata.org/wiki/Q8137","display_name":"Capital flows","level":3,"score":0.3212999999523163},{"id":"https://openalex.org/C155512373","wikidata":"https://www.wikidata.org/wiki/Q287450","display_name":"Residual","level":2,"score":0.3149000108242035},{"id":"https://openalex.org/C2987168347","wikidata":"https://www.wikidata.org/wiki/Q22656","display_name":"Crude oil","level":2,"score":0.29600000381469727},{"id":"https://openalex.org/C2779685004","wikidata":"https://www.wikidata.org/wiki/Q1570293","display_name":"Terms of trade","level":2,"score":0.2930999994277954},{"id":"https://openalex.org/C183206440","wikidata":"https://www.wikidata.org/wiki/Q46834","display_name":"Balance sheet","level":2,"score":0.28999999165534973},{"id":"https://openalex.org/C168031717","wikidata":"https://www.wikidata.org/wiki/Q1530280","display_name":"Balance (ability)","level":2,"score":0.28060001134872437},{"id":"https://openalex.org/C31266012","wikidata":"https://www.wikidata.org/wiki/Q6554340","display_name":"Linkage (software)","level":3,"score":0.2775999903678894},{"id":"https://openalex.org/C3017866295","wikidata":"https://www.wikidata.org/wiki/Q1188986","display_name":"Medium term","level":2,"score":0.2702000141143799},{"id":"https://openalex.org/C122251271","wikidata":"https://www.wikidata.org/wiki/Q940039","display_name":"Ex-ante","level":2,"score":0.257999986410141},{"id":"https://openalex.org/C134024062","wikidata":"https://www.wikidata.org/wiki/Q1401229","display_name":"Error correction model","level":3,"score":0.2578999996185303},{"id":"https://openalex.org/C560292","wikidata":"https://www.wikidata.org/wiki/Q1113011","display_name":"Fixed capital","level":5,"score":0.2574999928474426},{"id":"https://openalex.org/C50091055","wikidata":"https://www.wikidata.org/wiki/Q1057397","display_name":"Measures of national income and output","level":2,"score":0.25679999589920044},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.2563999891281128},{"id":"https://openalex.org/C148043351","wikidata":"https://www.wikidata.org/wiki/Q4456944","display_name":"Current (fluid)","level":2,"score":0.2538999915122986},{"id":"https://openalex.org/C2779860848","wikidata":"https://www.wikidata.org/wiki/Q6979674","display_name":"National savings","level":3,"score":0.2526000142097473}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.5281/zenodo.24025245","doi":"https://doi.org/10.5281/zenodo.24025245","is_oa":true,"landing_page_url":"https://doi.org/10.5281/zenodo.24025245","pdf_url":null,"source":{"id":"https://openalex.org/S4306400562","display_name":"Zenodo (CERN European Organization for Nuclear Research)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67311998","host_organization_name":"European Organization for Nuclear Research","host_organization_lineage":["https://openalex.org/I67311998"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"},{"id":"doi:10.5281/zenodo.24025246","doi":"https://doi.org/10.5281/zenodo.24025246","is_oa":true,"landing_page_url":"https://doi.org/10.5281/zenodo.24025246","pdf_url":null,"source":{"id":"https://openalex.org/S4306400562","display_name":"Zenodo (CERN European Organization for Nuclear Research)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67311998","host_organization_name":"European Organization for Nuclear Research","host_organization_lineage":["https://openalex.org/I67311998"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"}],"best_oa_location":{"id":"doi:10.5281/zenodo.24025245","doi":"https://doi.org/10.5281/zenodo.24025245","is_oa":true,"landing_page_url":"https://doi.org/10.5281/zenodo.24025245","pdf_url":null,"source":{"id":"https://openalex.org/S4306400562","display_name":"Zenodo (CERN European Organization for Nuclear Research)","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67311998","host_organization_name":"European Organization for Nuclear Research","host_organization_lineage":["https://openalex.org/I67311998"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":null,"is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Preprint"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2883363220","https://openalex.org/W1989491871","https://openalex.org/W2064944756","https://openalex.org/W2953704982","https://openalex.org/W2955029355","https://openalex.org/W3101663446","https://openalex.org/W2761056684","https://openalex.org/W5661466","https://openalex.org/W2272420545","https://openalex.org/W3121374549"],"abstract_inverted_index":{"National":[0],"accounts":[1],"require":[2],"that":[3,23],"the":[4,24,27,61,70,89,116,131,156],"current-account":[5],"balance":[6],"equal":[7],"saving":[8,31],"minus":[9,32],"investment,":[10],"up":[11],"to":[12],"measurement.":[13],"Using":[14],"World":[15],"Bank":[16],"WDI":[17],"for":[18,81,102],"172":[19],"economies,":[20],"I":[21],"verify":[22],"correlation":[25],"of":[26,43,46,67,119,138,142,155],"current":[28,63,91,109,135,157],"account":[29,64,92,110,136,158],"with":[30,39,113,140],"gross":[33],"fixed":[34],"capital":[35],"formation":[36],"is":[37,65,74],"0.807,":[38],"a":[40,108,144,150],"mean":[41,90,134],"residual":[42],"-1.82":[44],"points":[45,95],"GDP.":[47],"Among":[48],"23":[49],"oil":[50,86,105],"exporters":[51,106],"(mean":[52],"fuel-export":[53],"share":[54],"at":[55],"least":[56],"40":[57],"percent)":[58],"over":[59],"2000-2023,":[60],"median":[62,71,118],"+3.93%":[66],"GDP":[68,139],"and":[69,79,126],"saving-investment":[72],"gap":[73],"+8.05":[75],"points,":[76],"against":[77],"-3.32%":[78],"-2.19":[80],"137":[82],"non-oil":[83,117],"economies.":[84],"An":[85],"dummy":[87],"raises":[88],"by":[93],"12.7":[94],"(HC1":[96],"standard":[97],"error":[98],"4.5)":[99],"after":[100],"controlling":[101],"investment.":[103],"Six":[104],"combine":[107],"above":[111],"5%":[112],"investment":[114,141,160],"below":[115],"22.9%:":[120],"Iraq,":[121],"Kuwait,":[122],"Libya,":[123],"Norway,":[124],"Russia":[125],"Saudi":[127],"Arabia.":[128],"India":[129,166],"runs":[130],"opposite":[132],"pattern:":[133],"-1.27%":[137],"30.9%,":[143],"high-investment":[145],"external":[146],"deficit":[147],"rather":[148],"than":[149],"twin":[151],"surplus.":[152],"Within-economy":[153],"slopes":[154],"on":[159],"are":[161],"negative":[162],"(median":[163],"-0.46),":[164],"including":[165],"(-0.13).":[167]},"counts_by_year":[],"updated_date":"2026-11-09T13:22:03.289127","created_date":"2026-11-08T00:00:00"}
