The Causal Relation between Savings and Economic Growth: An Empirical Analysis

Bassam AbuAl-Foul
Authors registered in the RePEc Author Service: Bassam Abu Al-Foul

Economics Working Papers from School of Business Administration, American University of Sharjah

Abstract: This paper examines the causal relation between savings and economic growth for Morocco and Tunisia using Autoregressive Distributed Lag (ARDL) approach to cointegration. The results support bidirectional causality between economic growth and savings growth for Morocco. However, for Tunisia, the results suggest a unidirectional causality from saving growth to economic growth.

Keywords: Cointegration; ARDL approach; Savings and Economic Growth; Causality; MENA region. (search for similar items in EconPapers)
JEL-codes: C50 C51 E20 O40 (search for similar items in EconPapers)
Pages: 14 pages
New Economics Papers: this item is included in nep-ara, nep-fdg and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:sha:ecowps:06-05/2015

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