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Using panel co-integration techniques and a comprehensive dataset covering the period 1980-2013, this paper finds a … positive and significant correlation between national saving and domestic investment rates in Latin America and the Caribbean … saving, domestic investment increases by 0.39 percentage points on average. There are however, three nuances to the headline …
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, domestic investment does not depends on domestic savings but depends on the pool of international savings. Panel data on … long-run relations. After establishing the presence of cointegration relationship between the two variables, the saving … domestic savings and domestic investment and hence higher capital mobility in West Africa. The result also confirmed that the …
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- 1974 - empirically support the theory. In contrast to the Feldstein-Horioka findings, a lower saving-investment coefficient … by integrating the balance of payments and national income accounting equations to show that domestic investment is … related to not only domestic saving and international capital flows but also changes in the domestic money supply and credit …
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