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

Authors
Corbin, A
Citation
A. Corbin, Country specific effect in the Feldstein-Horioka paradox: a panel data analysis, ECON LETT, 72(3), 2001, pp. 297-302
Citations number
12
Categorie Soggetti
Economics
Journal title
ECONOMICS LETTERS
ISSN journal
01651765 → ACNP
Volume
72
Issue
3
Year of publication
2001
Pages
297 - 302
Database
ISI
SICI code
0165-1765(200109)72:3<297:CSEITF>2.0.ZU;2-9
Abstract
Using panel data methods, this study leads to a new interpretation of the F eldstein-Horioka paradox. A high estimated saving-investment coefficient ma y be due less to low capital mobility than to the existence of specific ind ividual country effects. (C) 2001 Elsevier Science B.V. All rights reserved .