International capital mobility in Taiwan is tested by estimating the regime-switching investment-saving correlation. A Markov-switching model is applied which allows the samples to be drawn from two different regimes; high mobility and low mobility. Empirical results are investigated and specifications tests are performed.
|Number of pages||4|
|Journal||Applied Economics Letters|
|Publication status||Published - 2000|
ASJC Scopus subject areas
- Economics and Econometrics