International mobility of capital in the OECD countries: a robust evidence from panel data estimators

Tarlok Singh

Applied Economics Letters, 2013, vol. 20, issue 7, 692-696

Abstract: This study estimates the Feldstein and Horioka (FH, 1980) model and examines the International Mobility of Capital (IMC) for a balanced panel of 24 OECD countries. The results provide consistent support for moderate mobility of capital and for cointegrating relationship between domestic saving and investment.

Date: 2013
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DOI: 10.1080/13504851.2012.732683

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