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International capital mobility: Evidence from panel cointegration tests
Economics Letters (2008)
  • John Thornton
  • Olumuyiwa S Adedeji
Panel 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 Date
May, 2008
Citation Information
John Thornton and Olumuyiwa S Adedeji. "International capital mobility: Evidence from panel cointegration tests" Economics Letters Vol. 99 Iss. 2 (2008)
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