Showing 1 - 10 of 2,451
within the Sub-Saharan African (SSA) economies. With a re-specified inter-temporal consumption framework, the savings … and techniques were employed. The long-run correlation of savings and investments were investigated with the use of robust … economies are significantly and substantially financed by global savings. This implies that global integration has increased in …
Persistent link: https://www.econbiz.de/10014477247
asymmetries of savings out of factor incomes. This generalized model helps to shed new light on a recent debate concerning the … the particular savings hypothesis. However, if savings out of capital income are substantial so that a certain threshold …
Persistent link: https://www.econbiz.de/10003592897
The aim of this paper is to analyze the cause and effect relationship between economic growth and savings in advanced … the existence of one-way casual relationship between gross domestic savings and gross domestic product in the case of … relationship between gross domestic product and gross domestic savings both in developed economies and developing and transition …
Persistent link: https://www.econbiz.de/10009313678
This paper investigates the relevance of business saving for private saving and investment around the world by constructing and exploiting a broad international, unbalanced panel of 64 countries over 1990-2012. The paper shows that businesses are the main contributors to private and national...
Persistent link: https://www.econbiz.de/10011286678
In this paper, I find (1) that Japan showed massive and persistent current account surpluses from at least 1981 and until at least 2011, (2) that Professor Ronald McKinnon was correct, at least in the case of Japan, and that these large and persistent current account surpluses were due primarily...
Persistent link: https://www.econbiz.de/10011311745
China's growth is characterized by massive capital accumulation, made possible by high and increasing domestic savings …. In this paper we develop a model with the aim of explaining why savings rates have been high and increasing, and we … investigate the general equilibrium effects on capital accumulation and growth. We show that increased savings and capital …
Persistent link: https://www.econbiz.de/10009753232
The paper presents a critique of loanable funds theory by using simple accounting relationships. It is shown that many economists identify saving and the credit supply by interpreting the macroeconomic saving-investment identity as a budget constraint. According to that interpretation, more...
Persistent link: https://www.econbiz.de/10010201646
This paper seeks to analyse the major determinants of differences in the domestic savings ratio between countries using … ratio of tax revenue to GDP and the domestic savings ratio. …
Persistent link: https://www.econbiz.de/10011532010
This paper describes the share of investment in fixed capital and working capital financed by retained earnings using a harmonized dataset from the World Bank Enterprise Survey. The sample includes firms across countries in Latin America and the Caribbean. Descriptive statistics are presented...
Persistent link: https://www.econbiz.de/10011473027
Background: Saving and investment are two of the most important tools for economic growth. The interest rate has always been considered an important determinant of saving and investment. However, according to Islamic teachings, riba or earning interest on saving or investment is forbidden, and...
Persistent link: https://www.econbiz.de/10011542371