Midlands State University Library

International mobility of capital in the OECD countries a robust evidence from panel data estimators

SINGH, Tarlok

International mobility of capital in the OECD countries a robust evidence from panel data estimators - Applied Economics Letters Volume , number , .

This study estimates the Feldstein and Horioka (FH, 1980) model and examines the International Mobility of Capital (IMC) for a balanced panel of 24 OECD countries. The results provide consistent support for moderate mobility of capital and for cointegrating relationship between domestic saving and investment.


saving
investment
capital mobility