Country specific effect in the Feldstein-Horioka paradox: a panel data analysis

被引:51
作者
Corbin, A [1 ]
机构
[1] Univ Montesquieu Bordeaux 4, GRAPE, F-33608 Pessac, France
关键词
Feldstein-Horioka; panel data; capital mobility;
D O I
10.1016/S0165-1765(01)00447-5
中图分类号
F [经济];
学科分类号
02 ;
摘要
Using panel data methods, this study leads to a new interpretation of the Feldstein-Horioka paradox. A high estimated saving-investment coefficient may be due less to low capital mobility than to the existence of specific individual country effects. (C) 2001 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:297 / 302
页数:6
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