Saving, growth, and investment: A macroeconomic analysis using a panel of countries

被引：131

作者：

Attanasio, OP ^{[1
]}

Picci, L

Scorcu, AE

机构：

[1] UCL, Inst Fiscal Studies, London WC1E 6BT, England

[2] NBER, Cambridge, MA 02138 USA

[3] Univ Bologna, I-40126 Bologna, Italy

来源：

REVIEW OF ECONOMICS AND STATISTICS | 2000年 / 82卷 / 02期

关键词：

D O I：

10.1162/003465300558731

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper provides a descriptive analysis of the long- and short-run correlations among saving, investment, and growth rates for 123 countries over the period 1961-94. Three results are robust across data sets and estimation methods: i) lagges saving rates are positively related to investment rates; ii) investment rates Granger cause growth rates with a negative sign; iii) growth rates Granger-cause investment with a positive sign.

引用

页码：182 / 211

页数：30

共 27 条

[1]

[Anonymous], 1991, NATL SAVING EC PERFO

[2]

[Anonymous], 4892 NBER

[3] SOME TESTS OF SPECIFICATION FOR PANEL DATA - MONTE-CARLO EVIDENCE AND AN APPLICATION TO EMPLOYMENT EQUATIONS [J].