Title of article
Cointegration of long span saving and investment
Author/Authors
Coakley، نويسنده , , Jerry; Kulasi، نويسنده , , Farida ، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1997
Pages
6
From page
1
To page
6
Abstract
We find that saving and investment cointegrate in all or most countries in Maddisonʹs (Research Memorandum No. 443, 1991) long span data set by a variety of time series and panel data tests. We interpret our results as reflecting current account solvency and not capital immobility.
Keywords
Current account solvency , Feldstein-Horioka result , cointegration
Journal title
Economics Letters
Serial Year
1997
Journal title
Economics Letters
Record number
434240
Link To Document