In the Solow model of economic growth, a clear connection is made between saving (rate) and economic growth. The conventional wisdom says: higher saving (rate) leads to higher (rate of) investment which in turn leads to higher economic growth. The presumption is that higher saving precedes...

Note: The following is a description of the paper and not the actual abstract. Following the study of Feldstein and Horioka in 1980, economists have been studying the relationship between saving and investment with renewed vigor. Most of the recent studies have studied the relationship in the...

In this paper, we study the long run relationship between saving and economic growth in Thailand using time series data for 1950-96. We distinguish between private saving and total saving in our paper. We find that there is a long run relationship between per capita GDP and total saving but not...

This paper studies the relationship between saving and investment rates in Japan and other 11 Asian countries. Most previous studies on the topic have almost exclusively focused on OECD countries. The augmented Dickey-Fuller and Phillips-Perron unit root tests indicate that for most of the 12...

Maizels (1968) hypothesizes that exports contribute more to savings than the non-export part of GDP. In this paper, we study the Maizels' hypothesis for 17 African countries using time series data. The study finds general support for the Maizels' hypothesis

This paper studies the causal relationship between safety, profitability and the load factor for US airlines taking airline deregulation into account. The results indicate that there is some evidence that profitability and the growth of load factor cause fatalities/accidents. Bivariate causality...