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Ramesh Mohan |
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''CAUSAL RELATIONSHIP BETWEEN SAVINGS AND ECONOMIC GROWTH IN COUNTRIES WITH DIFFERENT INCOME LEVELS.'' |
( 2006, Vol. 5 No.3 ) |
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This paper addresses the relationship between domestic savings and economic growth for various economies with different income levels. Using time series annual data, the Granger causality test was conducted. The study seeks to determine whether the direction of causality in these economies is different based on their income class: namely low-income, low-middle income, upper-middle income, and high-income countries. |
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Keywords: |
JEL: E2 - Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data) F4 - Macroeconomic Aspects of International Trade and Finance: General |
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Manuscript Received : Sep 19 2005 | | Manuscript Accepted : Feb 21 2006 |
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