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Causal Relationship Between Savings And Economic Growth In Countries With Different Income Levels

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  • Ramesh Mohan

    (Bryant University)

Abstract

This paper addresses the relationship between domestic savings and economic growth for various economies with different income levels. Using time series annual data, the Granger causality test was conducted. The study seeks to determine whether the direction of causality in these economies is different based on their income class: namely low-income, low-middle income, upper-middle income, and high-income countries.

Suggested Citation

  • Ramesh Mohan, 2006. "Causal Relationship Between Savings And Economic Growth In Countries With Different Income Levels," Economics Bulletin, AccessEcon, vol. 5(3), pages 1-12.
  • Handle: RePEc:ebl:ecbull:eb-05e20002
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    File URL: http://www.accessecon.com/pubs/EB/2006/Volume5/EB-05E20002A.pdf
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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