The negative correlation between foreign savings and domestic savings

We show that the negative correlation between foreign and domestic savings arises from the non-stationarity of these variables. We impose a more appropriate technique for testing a causal relation such as the one claimed by the revisionist view.

Dettagli Bibliografici
Pubblicato in:Philippine Review of Economics and Business (formerly The Philippine Review of Business and Economics) Vol. XXXIV, no. 1 (Jun. 1997), 38-49
Autore principale: Mapalad, Maria Claret M.
Altri autori: Liverakos, Petros K.
Natura: Articolo
Lingua:English
Pubblicazione: 1997
Soggetti: