Evaluation of the long memory relationship between gross national product and saving in Taiwan

Authors
Chen, WD
Citation
Wd. Chen, Evaluation of the long memory relationship between gross national product and saving in Taiwan, APPL ECON L, 8(10), 2001, pp. 655-657
Citations number
6
Categorie Soggetti
Economics
Journal title
APPLIED ECONOMICS LETTERS
ISSN journal
13504851 → ACNP
Volume
8
Issue
10
Year of publication
2001
Pages
655 - 657
Database
ISI
SICI code
1350-4851(200110)8:10<655:EOTLMR>2.0.ZU;2-5
Abstract
To enhance precise analysis of the relationship between GNP (gross national product) and Saving (gross national saving), a long memory relationship fu nction is applied. From experience, it is known that assuring the variables are always cointegrated or fractionally cointegrated is not easy, so this letter develops a measure function to estimate the long memory relationship between two variables. The empirical study shows that GNP and saving have the long memory relationship d = 0.1449.