Ahorro e inversión en el largo plazo: El caso de la América Latina
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.
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Bibliographic InfoArticle provided by Fondo de Cultura Económica in its journal El Trimestre Económico.
Volume (Year): LXIII(3) (1996)
Issue (Month): 251 (julio-septiembre)
Pages: 1113- 1137
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Alessandro Penati & Michael Dooley, 1984. "Current Account Imbalances and Capital Formation in Industrial Countries, 1949-81 (DÃ©sÃ©quilibres des transactions courantes et formation de capital dans les pays industrialisÃ©s, 1949-81) (Los," IMF Staff Papers, Palgrave Macmillan, vol. 31(1), pages 1-24, March.
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NBER Working Papers
0947, National Bureau of Economic Research, Inc.
- Feldstein, Martin, 1983. "Domestic saving and international capital movements in the long run and the short run," European Economic Review, Elsevier, vol. 21(1-2), pages 129-151.
- 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.
- Maurice Obstfeld, 1986.
"Capital Mobility in the World Economy: Theory and Measurement,"
NBER Working Papers
1692, National Bureau of Economic Research, Inc.
- Obstfeld, Maurice, 1986. "Capital mobility in the world economy: Theory and measurement," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 24(1), pages 55-103, January.
- 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.
- Engle, Robert F & Granger, Clive W J, 1987. "Co-integration and Error Correction: Representation, Estimation, and Testing," Econometrica, Econometric Society, vol. 55(2), pages 251-76, March.
- Harberger, Arnold C, 1980. "Vignettes on the World Capital Market," American Economic Review, American Economic Association, vol. 70(2), pages 331-37, May.
- 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.
- Charles Horioka in Wikipedia (English)
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