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

Dipendra Sinha () and Tapen Sinha ()

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Economic growth; public saving; corporate saving; household saving (search for similar items in EconPapers)
JEL-codes: O11 E21 O16 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cwa, nep-dev and nep-mac
Date: 2007-02-21
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Related works:
Journal Article: Relationships among household saving, public saving, corporate saving and economic growth in India (2008)
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Persistent link: http://EconPapers.repec.org/RePEc:pra:mprapa:2597

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