International capital mobility: a re-visit of Feldstein-Horioka puzzle

This paper investigates the status of international capital mobility by reexamining the Felstein-Horioka (1980) puzzle. Data on savings and investment of 51 high-income countries were analyzed using System-GMM of Arellano and Bovver (1995)/ Blundell and Bond (1998). The β of a saving-retention coeff...

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Bibliographic Details
Main Authors: Hassan, Ibrahim Bakari, Mohamed, Azali
Format: Conference or Workshop Item
Language:English
Published: Faculty of Economics and Management, Universiti Putra Malaysia 2012
Online Access:http://psasir.upm.edu.my/id/eprint/51273/1/12-23.pdf
http://psasir.upm.edu.my/id/eprint/51273/
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