International capital mobility: Evidence from panel cointegration testsEconomics Letters (2008)
AbstractPanel cointegration techniques applied to pooled data for 50 developed and developing economies for the period 1970–2000 indicate that savings and investment are non-stationary and cointegrated, that there are marked differences in saving–retention ratios between different country groups, and that retention ratios have fallen.
- Feldstein–Horioka approach; Panel unit roots; DOLS panel cointegration
Publication DateMay, 2008
Citation InformationJohn Thornton and Olumuyiwa S Adedeji. "International capital mobility: Evidence from panel cointegration tests" Economics Letters Vol. 99 Iss. 2 (2008)
Available at: http://works.bepress.com/john_thornton/9/