Does causality technique matter to savings-growth nexus in Malaysia?
AbstractThe intention of this study was to investigate whether the causal inference between savings and economic growth in Malaysia is sensitive to the particular causality tests employed to ascertain the causal relationship. This study covered quarterly data from 1991:Q1 to 2006:Q3. The results suggested that the causal relationship between savings and economic growth in Malaysia is not sensitive to the particular causality test used. Thus, causality test plays no role in explaining the inconsistency causality result of savings and economic growth. Ultimately, causality test does not matter to savings-growth nexus for Malaysia.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 38535.
Date of creation: 2009
Date of revision:
Publication status: Published in Malaysian Management Journal 1-2.13(2009): pp. 1-10
Causality; parametric; nonparametric; savings; growth;
Find related papers by JEL classification:
- C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
- O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models
- E21 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
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