Conference PaperAuthors: Mallick, Lingaraj (2019)
The study examines the sustainability of current account deficit in India from 1960 to 2014 with an application of recent advanced non-liner cointegration method. The study applies threshold cointegration test developed by Enders and Sikols (2001) for the purpose of examining the long-run relationship between exports and imports. The findings reveal threshold cointegration existence with asymmetric adjustment for export and import in India with a long-run coefficient less than one which represents weak sustainability of current account deficits in India. Further, in order to understand the potential asymmetric transmission mechanism between exports and imports, the study has applied a... 
