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A Re-Examination of Saving - Investment Relationships: Cointegration, Causality and International Capital Mobility

Author

Listed:
  • Tsoukis, C.
  • Alyousha, A.

Abstract

Recent literature suggests the traditional measurement of the degree of international capital mobility by the size of the saving-investment correlation to be flawed. We employ Granger causality tests to measure the degree of capital mobility using quarterly data for a sample of 7 industrialised economies for a) the post war period; and b) the 1980s and 1990s.

Suggested Citation

  • Tsoukis, C. & Alyousha, A., 2000. "A Re-Examination of Saving - Investment Relationships: Cointegration, Causality and International Capital Mobility," Papers 271, Universite de Nantes - Economie Internationale et de l'Entreprise.
  • Handle: RePEc:fth:nantie:271
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    Citations

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    Cited by:

    1. João Sousa Andrade, 2006. "Mobilidade do Capital e Sustentabilidade Externa: uma aplicação da tese de F-H a Portugal (1910-2004)," GEMF Working Papers 2006-04, GEMF, Faculty of Economics, University of Coimbra.
    2. João Sousa Andrade, 2007. "L’Intégration Européenne et la Soutenabilité Externe de l’Union Européenne: une application de la thèse de Feldstein-Horioka," GEMF Working Papers 2007-05, GEMF, Faculty of Economics, University of Coimbra.
    3. Levy, Daniel, 2004. "Is the Feldstein-Horioka Puzzle Really a Puzzle?," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 49-66.
    4. João Sousa Andrade, 2007. "La these de Feldstein-Horioka: une mesure de la mobilité internationale du capital," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 54(1), pages 53-67, March.

    More about this item

    Keywords

    SAVINGS ; INVESTMENTS ; CAPITAL MOVEMENTS;
    All these keywords.

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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