Saving-investment relationships for Japan and other Asian countries

被引：21

作者：

Sinha, D ^{[1
]}

机构：

[1] Macquarie Univ, Dept Econ, Sydney, NSW 2109, Australia

[2] Yale Univ, Dept Econ, New Haven, CT 06520 USA

来源：

JAPAN AND THE WORLD ECONOMY | 2002年 / 14卷 / 01期

关键词：

saving-investment relationships; cointegration; causality;

D O I：

10.1016/S0922-1425(01)00072-X

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper studies the relationship between saving and investment rates for Japan and 10 other Asian countries. When structural breaks are taken into account, we find that the two rates are cointegrated for Myanmar and Thailand. The causality tests with structural breaks show that the growth of the saving rate (SR) causes the growth of the investment rate (IR) for Malaysia, Singapore, Sri Lanka and Thailand. The reverse causality holds for Hong Kong, Malaysia, Myanmar and Singapore. Crown Copyright (C) 2002 Published by Elsevier Science B.V. All rights reserved.

引用

页码：1 / 23

页数：23

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