Using Saving-Investment relationship as indirect evidence of global capital mobility, this paper empirically examines the capital mobility hypothesis using new data for forty developing countries. The paper utilizes annual data over 1960-2013 period, the longest time period of 54 years for as many developing countries ever used with a panel sample size of 2,160 (40 x 54) annual observations, the longest time periods and largest cross-sections ever used previously. For this study, panel regression analysis was used to estimate the relationship and then use the relationship to test some hypothesis regarding the capital mobility. The study finds evidence of partial capital mobility among the sample developing countries, and the degree of capital mobility was found to be stronger than that originally found by Feldstein and Horioka
| Published in |
Journal of World Economic Research (Volume 4, Issue 5-1)
This article belongs to the Special Issue The Globalization and Economic Structure Changes |
| DOI | 10.11648/j.jwer.s.2015040501.11 |
| Page(s) | 1-7 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2024. Published by Science Publishing Group |
Savings, Investment, Global Capital Mobility, Panel Regression
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APA Style
Anisul M. Islam, Muhammad Mustafa, Matiur Rahman. (2015). Global Capital Mobility: Some New Empirical Evidence. Journal of World Economic Research, 4(5-1), 1-7. https://doi.org/10.11648/j.jwer.s.2015040501.11
ACS Style
Anisul M. Islam; Muhammad Mustafa; Matiur Rahman. Global Capital Mobility: Some New Empirical Evidence. J. World Econ. Res. 2015, 4(5-1), 1-7. doi: 10.11648/j.jwer.s.2015040501.11
AMA Style
Anisul M. Islam, Muhammad Mustafa, Matiur Rahman. Global Capital Mobility: Some New Empirical Evidence. J World Econ Res. 2015;4(5-1):1-7. doi: 10.11648/j.jwer.s.2015040501.11
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Download@article{10.11648/j.jwer.s.2015040501.11,
author = {Anisul M. Islam and Muhammad Mustafa and Matiur Rahman},
title = {Global Capital Mobility: Some New Empirical Evidence},
journal = {Journal of World Economic Research},
volume = {4},
number = {5-1},
pages = {1-7},
doi = {10.11648/j.jwer.s.2015040501.11},
url = {https://doi.org/10.11648/j.jwer.s.2015040501.11},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jwer.s.2015040501.11},
abstract = {Using Saving-Investment relationship as indirect evidence of global capital mobility, this paper empirically examines the capital mobility hypothesis using new data for forty developing countries. The paper utilizes annual data over 1960-2013 period, the longest time period of 54 years for as many developing countries ever used with a panel sample size of 2,160 (40 x 54) annual observations, the longest time periods and largest cross-sections ever used previously. For this study, panel regression analysis was used to estimate the relationship and then use the relationship to test some hypothesis regarding the capital mobility. The study finds evidence of partial capital mobility among the sample developing countries, and the degree of capital mobility was found to be stronger than that originally found by Feldstein and Horioka},
year = {2015}
}
TY - JOUR T1 - Global Capital Mobility: Some New Empirical Evidence AU - Anisul M. Islam AU - Muhammad Mustafa AU - Matiur Rahman Y1 - 2015/08/13 PY - 2015 N1 - https://doi.org/10.11648/j.jwer.s.2015040501.11 DO - 10.11648/j.jwer.s.2015040501.11 T2 - Journal of World Economic Research JF - Journal of World Economic Research JO - Journal of World Economic Research SP - 1 EP - 7 PB - Science Publishing Group SN - 2328-7748 UR - https://doi.org/10.11648/j.jwer.s.2015040501.11 AB - Using Saving-Investment relationship as indirect evidence of global capital mobility, this paper empirically examines the capital mobility hypothesis using new data for forty developing countries. The paper utilizes annual data over 1960-2013 period, the longest time period of 54 years for as many developing countries ever used with a panel sample size of 2,160 (40 x 54) annual observations, the longest time periods and largest cross-sections ever used previously. For this study, panel regression analysis was used to estimate the relationship and then use the relationship to test some hypothesis regarding the capital mobility. The study finds evidence of partial capital mobility among the sample developing countries, and the degree of capital mobility was found to be stronger than that originally found by Feldstein and Horioka VL - 4 IS - 5-1 ER -
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