Capital Mobility: An application of Saving-Investment Link for Tunisia

Solarin Sakiru Adebola; Jauhari Dahalan

Article Details

Capital Mobility: An application of Saving-Investment Link for Tunisia

Authors:

Solarin Sakiru Adebola | Jauhari Dahalan

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Economics and Financial Issues 2012 Vol.2 Issue 1, pp.1-11

Document Type:

Article

Publication Date:

2/2012

Document Language:

Turkish

Document ID (Org No.):

2000814917

Frequency:

Bimonthly

eISSN:

2146-4138

Abstract:

 

The paper examines the degree of capital mobility in Tunisia for 1970 to 2009 period,
 using Feldstein and Horioka (1980) method of savings and investment comovement. We apply ARDL
 bound test to assess comovement between savings and investment; and to compute the savings
 retention ratio with FMOLS and DOLS as complements. The results reveal low capital mobility, in
 contrary to Maminingi (1997) who note perfect capital immobility in Tunisia. Hence, efforts should be
 made by the concerned authorities to evolve policies that will mobilize international capital into the
 country.

Article Details

Capital Mobility: An application of Saving-Investment Link for Tunisia

Authors: Solarin Sakiru Adebola | Jauhari Dahalan

Publisher: İlhan ÖZTÜRK

Journal: International Journal of Economics and Financial Issues 2012 Vol.2 Issue 1, pp.1-11

Document Type: Article

Publication Date: 2/2012

Document Language: Turkish

Document ID (Org No.): 2000814917

Frequency: Bimonthly

eISSN: 2146-4138

Issues

Authors:

Solarin Sakiru Adebola | Jauhari Dahalan

Publisher:

İlhan ÖZTÜRK

Journal:

International Journal of Economics and Financial Issues 2012 Vol.2 Issue 1, pp.1-11

Document Type:

Article

Publication Date:

2/2012

Document Language:

Turkish

Document ID (Org No.):

2000814917

Frequency:

Bimonthly

eISSN:

2146-4138