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Ahorro e inversión en el largo plazo: El caso de la América Latina

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  • Bellod Redondo, José Francisco

    (Ciencias Económicas y Empresariales, Murcia, España)

Abstract

: In this paper we study the long run saving-investment relationship in Latin America, through ECM methodology. In this way we argue about Feldstein- Horioka seminal analysis concerning international capital mobility.// En el presente trabajo estudiamos la relación de largo plazo entre ahorro e inversión en la América Latina mediante modelos de correción de errores(MCE), para determinar la validez del planteamiento Feldstein-Horioka respecto a la movilidad internacional de capital.

Suggested Citation

  • Bellod Redondo, José Francisco, 1996. "Ahorro e inversión en el largo plazo: El caso de la América Latina," El Trimestre Económico, Fondo de Cultura Económica, vol. 63(251), pages 1113-1137, julio-sep.
    • Handle: RePEc:elt:journl:v:63:y:1996:i:251:p:1113-1137
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    References listed on IDEAS

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    1. Anonymous, 1949. "International Monetary Fund," International Organization, Cambridge University Press, vol. 3(4), pages 714-717, November.
    2. Tobin, James, 1983. "'Domestic saving and international capital movements in the long run and the short run' by M. Feldstein," European Economic Review, Elsevier, vol. 21(1-2), pages 153-156.
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    4. Anonymous, 1949. "International Monetary Fund," International Organization, Cambridge University Press, vol. 3(2), pages 349-350, May.
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    6. Sinn, Stefan, 1992. "Saving-Investment Correlations and Capital Mobility: On the Evidence from Annual Data," Economic Journal, Royal Economic Society, vol. 102(414), pages 1162-1170, September.
    7. Michael Dooley & Jeffrey Frankel & Donald J. Mathieson, 1987. "International Capital Mobility: What Do Saving-Investment Correlations Tell Us?," IMF Staff Papers, Palgrave Macmillan, vol. 34(3), pages 503-530, September.
    8. Engle, Robert & Granger, Clive, 2015. "Co-integration and error correction: Representation, estimation, and testing," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 39(3), pages 106-135.
    9. Martin Feldstein, 1991. "Domestic Saving and International Capital Movements in the Long Run and the Short Run," NBER Chapters, in: International Volatility and Economic Growth: The First Ten Years of The International Seminar on Macroeconomics, pages 331-353, National Bureau of Economic Research, Inc.
    10. Tamim Bayoumi, 1990. "Saving-Investment Correlations: Immobile Capital, Government Policy, or Endogenous Behavior?," IMF Staff Papers, Palgrave Macmillan, vol. 37(2), pages 360-387, June.
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    12. Anonymous, 1949. "International Monetary Fund," International Organization, Cambridge University Press, vol. 3(1), pages 154-156, February.
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    Cited by:

    1. Cáceres, Luis René, 1997. "La relación de largo plazo entre el ahorro y la inversión en la América Latina," El Trimestre Económico, Fondo de Cultura Económica, vol. 64(255), pages 305-317, julio-sep.

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