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.
| Publicado no: | Philippine Review of Economics and Business (formerly The Philippine Review of Business and Economics) Vol. XXXIV, no. 1 (Jun. 1997), 38-49 |
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| Formato: | Artigo |
| Idioma: | English |
| Publicado em: |
1997
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