An Econometric Investigation into the Macroeconomic Relationship between Investment and Saving: Evidence from the EU Region

Constantinos Alexiou

International Review of Applied Economics, 2004, vol. 18, issue 1, 1-14

Abstract: Within the EU region, the emerging policy orientation of pursuing balanced or in-surplus budgets as a means of revitalising investment has dominated economic policy. Nonetheless, the notion that saving must be boosted in order to expand investment, is a contention that has to be taken with a 'pinch of salt'. This study, by elaborating on the causal dimension between investment and saving, provides econometric evidence on the basis of which investment is a variable of the utmost importance.

Keywords: Investment; saving; European Union; VAR (search for similar items in EconPapers)
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/0269217032000148663 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: An Econometric Investigation into the Macroeconomic Relationship between Investment and Saving: Evidence from the EU Region (2002)
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:taf:irapec:v:18:y:2004:i:1:p:1-14

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CIRA20

DOI: 10.1080/0269217032000148663

Access Statistics for this article

International Review of Applied Economics is currently edited by Professor Malcolm Sawyer

More articles in International Review of Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().