Munich Personal RePEc Archive

Relationships among Household Saving, Public Saving, Corporate Saving and Economic Growth in India

Sinha, Dipendra and Sinha, Tapen (2007): Relationships among Household Saving, Public Saving, Corporate Saving and Economic Growth in India.

[img]
Preview
PDF
MPRA_paper_2597.pdf

Download (192kB) | Preview

Abstract

This paper examines the relationship between the growth rates of household saving, public saving, corporate saving and economic growth in India using multivariate Granger causality tests. The conventional wisdom suggests that the causality flows from saving to economic growth. We show that the causality goes in the opposite direction for India. Hence, higher saving is the consequence of higher economic growth and not a cause.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.