Ketenci, Natalya - Volkswirtschaftliche Fakultät, … - 2010
cointegration relationships between investment and saving flows of European Union members were tested. Three different cointegration … techniques were applied to the data. Firstly, the Johansen (1988) cointegration approach was used for the case of no … cointegration shifts, then the Gregory and Hansen (1996) cointegration test was applied, which allows for one structural shift …