IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

Qual è il grado di mobilità internazionale dei capitali nelle economie industrializzate? - What is the degree of international capital mobility in advanced economies?

Listed author(s):
  • D’Adda, Carlo


    (Economia politica Facoltà di Scienze statistiche Università di Bologna)

  • Scorcu, Antonello E.


    (Dipartimento di Scienze Economiche Università di Bologna)

The 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.

To 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.

Article provided by Camera di Commercio Industria Artigianato Agricoltura di Genova in its journal Economia Internazionale / International Economics.

Volume (Year): 49 (1996)
Issue (Month): 2 ()
Pages: 197-219

in new window

Handle: RePEc:ris:ecoint:0373
Contact details of provider: Postal:
Via Garibaldi 4, 16124 Genova, Italy

Phone: +39 010 27041
Fax: +39 010 2704222
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:ris:ecoint:0373. See general 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 you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.