Investment and Saving Relationship in South Asia

Shabbir Ahmad
Additional contact information
Shabbir Ahmad: Department of Finance, College of Business, Effat University, Jeddah, KSA

International Journal of Economics and Financial Issues, 2017, vol. 7, issue 4, 726-729

Abstract: This study tests the Feldstein and Horioka hypothesis (1980) for four South Asian developing economies and an oil producing economy, Saudi Arabia. Performing cointegration tests on annual data, the results indicate that approximately one to one long run relationship between investment and saving is present in India and Saudi Arabia thus validating the above hypothesis while a weak form relation for Bangladesh, Pakistan, and Sri Lanka shows the existence of Feldstein and Horioka puzzle.

Keywords: Saving-investment; Cointegration; South Asia (search for similar items in EconPapers)
JEL-codes: C32 E21 F41 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econjournals.com/index.php/ijefi/article/download/4087/pdf (application/pdf)
https://www.econjournals.com/index.php/ijefi/article/view/4087/pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ1:2017-04-83

Access Statistics for this article

International Journal of Economics and Financial Issues is currently edited by Ilhan Ozturk

More articles in International Journal of Economics and Financial Issues from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().