T.N. Srinivasan and Vani Archana INTRODUCTION The standard models of international trade such as the Ricardian, Hecksher-OhlinSamulelson (HOS) and specific factor models focus on explaining the commodity patterns of trade between countries and their determinants primarily comparative advantage. Constant returns to scale in production are assumed to prevail so that the structure of production in...

the main purpose of this paper is analyses the short and long run relationship between budget deficit and trade deficit in some mena countries. the data cover the period from 1971-2000 (and for i.r. iran 1 959-2003).the relationship between these variables will be analyses in short and long run by using johansen cointegration tests, ecm, and granger causality test. the empirical evidence provid...

The main purpose of this paper is analyses the short and long run relationship between budget deficit and trade deficit in some MENA countries. The data cover the period from 1971-2000 (and for I.R. IRAN 1 959-2003).The relationship between these variables will be analyses in short and long run by using Johansen cointegration tests, ECM, and Granger causality test. The empirical evidence provid...