Article ID Journal Published Year Pages File Type
5055629 Economic Modelling 2011 9 Pages PDF
Abstract
► This paper studies the Feldstein-Horioka puzzle in African countries. ► We use the recently developed panel cointegration techniques. ► Our results suggest that capital is relatively mobile in African countries. ► We also show that there are marked differences in savings retention coefficients. ► These results have some policy implications.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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The Feldstein-Horioka puzzle in African countries: A panel cointegration analysis
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