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:The Philippine Review of Business and Economics Vol. XXXIV, No. 1 (June 1997), p. 38-49.
Autori principali: Mapalad, Maria Claret M. (Autore), Liverakos, Petros K. (Autore)
Natura: Analytics
Lingua:English
Pubblicazione: 1997.
Soggetti: