Year: 1999
Author: Kellermann, Kersten, Schlag, Carsten-Henning
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 119 (1999), Iss. 1 : pp. 99–119
Abstract
We analyze the correlation between saving and investment in Germany using national data as well as data from the old german Bundesländer. The empirical results shows that the national saving retention coefficient between 1960 and 1994 is 0.63 and the intranational saving retention coefficient between 1970 and 1994 is 0.38. In our paper we argue on theoretical and empirical grounds that the application of saving and investment shares are inappropiate. In our regression model the long-run effect between saving and investment is analyze with cointegration methods in a time series and a panel approach.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.119.1.99
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 119 (1999), Iss. 1 : pp. 99–119
Published online: 1999-01
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 21
Author Details
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