Obi, Ben; Wafure, Gobna Obida; Menson, Auta Elisha - In: The IUP Journal of Monetary Economics X (2012) 1, pp. 16-38
This paper empirically examines the relationship among savings, investment and growth rate using cointegration and Error Correction Model (ECM) approach. Specifically, savings and investment models are estimated. The series are integrated of order two, i.e., [I(2)]. Long-run relationship among...