Qual è il grado di mobilità internazionale dei capitali nelle economie industrializzate? - What is the degree of international capital mobility in advanced economies?
AbstractThe use of the saving-investment regressions in the evaluation of the degree of capital mobility has promoted considerable debate since the paper by Feldstein and Horioka (1980). The high correlation at national level and the corresponding low international capital mobility might be due to the reduced form of the regressions .and less ambiguous results can be obtained through geographical or sectoral disaggregation. This work considers, in particular, two important aspects of the saving-investment regression approach: the time period and the country heterogeneity. High positive correlations emerge also in this case and support the interpretation by Feldstein and Horioka. Empirical evidence suggests, moreover, a progressive increase in international capital mobility in the period 1960-91 for industrialized (OECD) countries.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoArticle provided by Camera di Commercio di Genova in its journal Economia Internazionale / International Economics.
Volume (Year): 49 (1996)
Issue (Month): 2 ()
Contact details of provider:
Postal: Via Garibaldi 4, 16124 Genova, Italy
Phone: +39 010 27041
Fax: +39 010 2704222
Web page: http://www.ge.camcom.it/IT/Tool/Modulistica
More information through EDIRC
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Angela Procopio).
If references are entirely missing, you can add them using this form.