Khan, Ashfaque H.; Nasir, Zafar Mueen - In: The Pakistan Development Review 37 (1998) 4, pp. 749-763
Saving, the fraction of national income that is not spent on current consumption, has long been widely regarded as a key factor in economic growth.' The saving rate along with the incremental capital-output ratio determine the growth rate of the economy in the Harrod-Domar Model framework. The...