Rossini, G.; Zanghieri, P. - In: Applied Economics Letters 10 (2003) 1, pp. 39-41
The purpose of this article is to test the dependency of domestic investment on domestic saving in the Feldstein-Horioka spirit. Its innovation is to use a definition of investment that does not include foreign direct investment. It does so since FDI should not be considered in the intertemporal...