Skip to main content
Article
Are saving and investment cointegrated? The case of Malaysia (1965-2003)
APPLIED ECONOMICS (2007)
  • James B Ang, Nanyang Technological University
Abstract
This article examines whether domestic saving rate leads to higher domestic investment rate in the case of Malaysia. We argue that the results obtained from cross-sectional studies are not able to address this issue satisfactorily and highlight the importance of individual country case studies. Using the recently developed autoregressive distributed lag bounds testing procedure, the results reveal a robust cointegrated relationship between domestic saving and investment rates during the period 1965 to 2003.
Disciplines
Publication Date
2007
Citation Information
James B Ang. "Are saving and investment cointegrated? The case of Malaysia (1965-2003)" APPLIED ECONOMICS (2007)
Available at: http://works.bepress.com/james_ang/4/