TY - JOUR ID - 117624 TI - Investigating Capital Mobility and Saving- Investment Relationship: Case Study of MENA Countries JO - International Journal of Management, Accounting and Economics JA - IJMAE LA - en SN - AU - Zadeh, Mansoor Mahini AU - Mahmoodi, Elahe AU - Mahmoodi, Majid AD - Assistant Professor of Economics, Yazd University, Yazd, Iran AD - Ph.D student in Economics, Yazd University, Yazd, Iran AD - Faculty Member, Velayat University, Iranshahr, Iran Y1 - 2015 PY - 2015 VL - 2 IS - 6 SP - 517 EP - 526 KW - Capital mobility KW - Feldestein and Horioka approach KW - MENA Region KW - panel data DO - N2 - This paper determines the degree of capital mobility and saving- investment association by using the Feldstein- Horioka (1980) approach among Middle East and North African (MENA) countries during 1990-2011. According to the Feldstein- Horioka hypothesis, in a country with high degree of capital mobility there should be no relationship between domestic saving and domestic investment and inversely, in a country with low degree of capital mobility there is a high correlation between domestic saving and domestic investment. Using panel data and employing Random effect Model to estimate the model, the obtained results show that capital is highly mobile in these countries. UR - https://www.ijmae.com/article_117624.html L1 - https://www.ijmae.com/article_117624_bb49a7e7561cb5c5f0f4d167f198f662.pdf ER -