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.
| Publicat a: | Philippine Review of Economics and Business (formerly The Philippine Review of Business and Economics) Vol. XXXIV, no. 1 (Jun. 1997), 38-49 |
|---|---|
| Autor principal: | |
| Altres autors: | |
| Format: | Article |
| Idioma: | English |
| Publicat: |
1997
|
| Matèries: |