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study this paper, we adopt the recent Time-Series methodology i.e. testing unit roots, Co-Integration developed by Johanson … analysis, we find that all the variables selected for the study i.e. Private Saving, Investment and M3/GDP are integrated to … the order 1(1). Johansen Co-integration Test, LR test indicates 1 co-integrating equation at 5% and 1% level …
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period 1970 to 2009. Applying popular time series econometric techniques of cointegration and vector error correction …
Persistent link: https://www.econbiz.de/10009292064
This article explores the aggregate effects of women's empowerment on intra- and intertemporal household choices within a Bewley-style heterogeneous agent framework to aggregate household level decisions into macroeconomic variables. Emphasis is placed on the role of attitudes towards risk and...
Persistent link: https://www.econbiz.de/10012167330
Total factor productivity plays an important role in the growth of the economy. Using recently available state level data over 1993 and 2005, we find widespread regional variation in productivity changes. In the beginning of the liberalization era, improvement in technical efficiency contributes...
Persistent link: https://www.econbiz.de/10008534239
In recent years, India has enjoyed one of the highest growth rates worldwide, weathering the global financial crisis better than many other countries. Prudent macroeconomic policies will be critical to prolonging the current expansion, given the risks associated with high inflation and volatile...
Persistent link: https://www.econbiz.de/10009191040
This paper studies the relationship between GDP and saving in India. During the last few years, the saving rate has … there is a long run relationship between GDP and saving. In doing so, we distinguish between gross domestic saving and gross … determining GDP. We find that both gross domestic saving and gross domestic private saving are cointegrated with GDP. However …
Persistent link: https://www.econbiz.de/10008555436
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