International capital mobility: Evidence from panel cointegration tests
AbstractPanel 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.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 99 (2008)
Issue (Month): 2 (May)
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