Savings and Economic Growth in Botswana: An Analysis Using Bounds Testing Approach to Cointegration

Kafayat Amusa

Journal of Economics and Behavioral Studies, 2013, vol. 5, issue 4, 200-209

Abstract: Economic growth boosted by high domestic savings has been advocated for by numerous economists throughout the years. For a country like Botswana where the savings- GDP ratio is relatively high, it becomes important to determine whether savings is indeed important for the economy. This paper reexamines the savings-growth debate for the Botswana economy by applying the Bounds testing approach to cointegration analysis to establish the relationship between domestic savings and economic growth in Botswana. The results indicate that domestic savings is significantly positively related to growth in Botswana. The study recommends the need for development of financial instruments to encourage domestic savings.

Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://ojs.amhinternational.com/index.php/jebs/article/view/395/395 (application/pdf)
https://ojs.amhinternational.com/index.php/jebs/article/view/395 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rnd:arjebs:v:5:y:2013:i:4:p:200-209

DOI: 10.22610/jebs.v5i4.395

Access Statistics for this article

More articles in Journal of Economics and Behavioral Studies from AMH International
Bibliographic data for series maintained by Muhammad Tayyab ().