An Econometric Investigation into the Macroeconomic Relationship between Investment and Saving: Evidence from the EU Region
AbstractWithin the EU region, the emerging policy orientation of pursuing balanced or in-surplus budgets as a means of revitalising investment has dominated economic policy. Nonetheless, the notion that saving must be boosted in order to expand investment, is a contention that has to be taken with a 'pinch of salt'. This study, by elaborating on the causal dimension between investment and saving, provides econometric evidence on the basis of which investment is a variable of the utmost importance.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal International Review of Applied Economics.
Volume (Year): 18 (2004)
Issue (Month): 1 ()
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Other versions of this item:
- Constantinos Alexiou, 2002. "An Econometric Investigation into the Macroeconomic Relationship between Investment and Saving: Evidence from the EU Region," Working Papers 455, Queen Mary, University of London, School of Economics and Finance.
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
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