AKA, Bedia F. - In: Applied Econometrics and International Development 7 (2007) 2, pp. 155-162
This paper investigates the empirical saving-investment relationships for Côte d’Ivoire and Ghana over the period 1960 …–1998, using a Markov Switching VAR model. We find regime-dependent causality from saving to investment in Côte d’Ivoire but not in … Ghana. In terms of Feldstein and Horioka (1980) capital mobility hypothesis these findings suggest a more capital mobility …
