International capital mobility: Evidence from panel cointegration tests

被引：19

作者：

Adedeji, Olumuyiwa ^{[1
]}

Thornton, John ^{[1
]}

机构：

[1] Int Monetary Fund, Fiscal Affairs Dept, Washington, DC 20431 USA

来源：

ECONOMICS LETTERS | 2008年 / 99卷 / 02期

关键词：

Feldstein-Horioka approach; panel unit roots; DOLS panel cointegration;

D O I：

10.1016/j.econlet.2007.08.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Panel cointegration techniques applied to pooled data for 50 developed and developing economies for the period 1970-2000 indicate that savings and investment are non-stationary and cointegrated, that there are marked differences in saving-retention ratios between different country groups, and that retention ratios have fallen. (c) 2007 Elsevier B.V. All rights reserved.

引用

页码：349 / 352

页数：4

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