Brahmasrene, Tantatape; Jiranyakul, Komain - In: Journal of the Asia Pacific economy 14 (2009) 3, pp. 262-269
domestic investment and savings are highly and positively correlated, was examined for cointegration using an autoregressive … distributed lag bounds testing procedure. The results did not show a positive correlation between savings and investment. There … was essentially no relationship at level between savings and investment in all eight cases. Thirteen out of 16 structural …