This study exploits the relationship between savings and investment implied by a country's intertemporal budget constraint to measure the degree of capital mobility. In particular, if savings and investment are cointegrated, there is an error correction model which describes the shortrun dynamic...

In recent years, the Chinese economy has grown dramatically largely as a result of China's commitment to open up its economy to the rest of the world and adopt more market-oriented policies. How ASEAN-China economic relations develop depends on many factors including the ability of either or...