International mobility of capital in the OECD countries: a robust evidence from panel data estimators

被引:2
|
作者
Singh, Tarlok [1 ]
机构
[1] Griffith Univ, Griffith Business Sch, Dept Accounting Finance & Econ, Brisbane, Qld 4111, Australia
关键词
saving; investment; capital mobility; cointegration; C30; E22; F32; F40; UNIT-ROOT TESTS; COINTEGRATION; REGRESSION;
D O I
10.1080/13504851.2012.732683
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study estimates the Feldstein and Horioka (FH, 1980) model and examines the International Mobility of Capital (IMC) for a balanced panel of 24 OECD countries. The results provide consistent support for moderate mobility of capital and for cointegrating relationship between domestic saving and investment.
引用
收藏
页码:692 / 696
页数:5
相关论文
共 50 条