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The smooth-saving-retention-coefficient with country-size

Tsungwu Ho and Ho-Chuan Huang ()

Applied Economics Letters, 2006, vol. 13, issue 4, 247-250

Abstract: The study uses data on 14 countries (Taylor, 1994) to investigate if the saving-retention coefficient varies with country size. A novel semiparametric smooth-coefficient approach of Koop and Tobias (2005) is employed to make posterior inference via the Gibbs sampler algorithm. Empirical results show an overwhelming evidence in support of a positive (nonlinear) relationship between the saving-retention coefficient and country size.

Date: 2006
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Citations: View citations in EconPapers (7)

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DOI: 10.1080/13504850500396165

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