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The aim of this paper is to empirically examine the relationship between saving and investment for 6 Middle East and … Model. The long run estimation reveals causality between investment and saving for the entire sample. The Granger causality … tests confirm this result and validate the presence of bidirectional causal relationship between investment and saving …
Persistent link: https://www.econbiz.de/10013084409
The current study investigates the impact of foreign direct investment on the growth of Namibia's economy from 1990 to …, and other macroeconomic variables such as domestic investment, government consumption expenditure, human capital, a proxy … for economic stability, and return on investment are responsible for Namibia's economic growth. The article confirms the …
Persistent link: https://www.econbiz.de/10014500822
Horioka in 1980, economists have been studying the relationship between saving and investment with renewed vigor. Most of the … saving and investment. The other six countries may face macroeconomic instability in the long run because of the divergence … between saving rate and investment rate …
Persistent link: https://www.econbiz.de/10014063639
conventional wisdom says: higher saving (rate) leads to higher (rate of) investment which in turn leads to higher economic growth …In the Solow model of economic growth, a clear connection is made between saving (rate) and economic growth. The …. The presumption is that higher saving precedes economic growth and higher saving causes economic growth. The belief in …
Persistent link: https://www.econbiz.de/10014211503
Persistent link: https://www.econbiz.de/10001427066
The temporal interdependence between saving and output has been in focus in a number of recent empirical studies …. Results from these studies have compelled some authors to question the traditional notion of a causal chain where saving leads …. Saving and GDP are estimated in bivariate vector autoregressive or vector error-correction models for Sweden, UK, and USA …
Persistent link: https://www.econbiz.de/10011587110
fundamentalists or investment-led as envisioned by the market interventionists. The Granger causality test has been conducted within … the context of a VAR system comprised of exports, investment, imports and GDP. The test results show that the …
Persistent link: https://www.econbiz.de/10003749330
Following the 2007-2009 global recession, economic policy uncertainty and its effect on economic recovery has become an issue of interest in academic, media as well as policy-making circles (Baker et al., 2013). Given this backdrop, we investigate causality between economic policy uncertainty in...
Persistent link: https://www.econbiz.de/10013029078
what determines differences in saving behaviour across countries. Using a panel of 47 economies with at least 40 years of … savings, thereby contributing to higher investment. The dynamics of such productivity shocks have been disentangled into trend … and cyclical shocks to uncover that cyclical productivity shocks tend to have a strong positive effect on saving rates …
Persistent link: https://www.econbiz.de/10012321005
activities saving and lending have positive impact on economic growth. So the aim of this study is to investigate this … activities of banking sector that are saving and lending don’t have any long run or short run causality towards economic growth … saving and lending does not have impact on GDP growth. There might be other factors which influence economic growth of …
Persistent link: https://www.econbiz.de/10011542400