Pregled bibliografske jedinice broj: 602310
Testing the validity of the Feldstein-Horioka puzzle for Croatia
Testing the validity of the Feldstein-Horioka puzzle for Croatia // Ekonomska Istrazivanja-Economic Research, 25 (2012), 3; 580-599 (podatak o recenziji nije dostupan, izvorni znanstveni rad, znanstveni)
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Naslov
Testing the validity of the Feldstein-Horioka puzzle for Croatia
Autori
Jošić, Hrvoje ; Jošić, Mislav
Izvornik
Ekonomska Istrazivanja-Economic Research (1331-677X) 25
(2012), 3;
580-599
Vrsta, podvrsta i kategorija rada
Radovi u časopisima, izvorni znanstveni rad, znanstveni
Ključne riječi
savings; investment; Feldstein-Horioka puzzle; cointegration; VAR model
Sažetak
The relationship between savings and investment is one of the fundamental issues in international economics. This topic comes in the centre of attention after pioneering work of Feldstein and Horioka (1980). The aim of the paper is testing of the Feldstein-Horioka puzzle in the case of Croatia since 1994. Johansen's cointegration approach and Granger causality test were used. In order to determine the dynamics of the savings- investment relation econometric VAR model was introduced. Using innovation analysis impulse response functions and variance decomposition analysis of the observed variables were given.
Izvorni jezik
Engleski
Znanstvena područja
Ekonomija
POVEZANOST RADA
Projekti:
067-0000000-3351 - Menadžerski alati u digitalnom poduzeću (Dabić, Marina, MZOS ) ( CroRIS)
Ustanove:
Ekonomski fakultet, Zagreb
Citiraj ovu publikaciju:
Časopis indeksira:
- Web of Science Core Collection (WoSCC)
- Social Science Citation Index (SSCI)
- SCI-EXP, SSCI i/ili A&HCI
- Scopus