Are saving and investment cointegrated? The case of Malaysia (1965-2003)

被引：41

作者：

Ang, James B. ^{[1
]}

机构：

[1] Australian Natl Univ, Canberra, ACT, Australia

[2] Monash Univ, Clayton, Vic 3168, Australia

来源：

APPLIED ECONOMICS | 2007年 / 39卷 / 17期

关键词：

D O I：

10.1080/00036840600722281

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

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.

引用

页码：2167 / 2174

页数：8

共 31 条

[1] THE FELDSTEIN-HORIOKA PUZZLE AND EXCHANGE-RATE REGIMES - EVIDENCE FROM COINTEGRATION TESTS [J].