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Multi-scale causality between saving and growth: evidence from China

Xu Zhang, Jianqin Hang and Xiaoxing Liu

Applied Economics Letters, 2017, vol. 24, issue 11, 790-794

Abstract: In this article, we use a wavelet-based Granger causality approach to examine the multi-scale causality between saving and growth for China. We show that significant causality runs from saving to growth for most timescales, whereas multi-scale causality from growth to saving is not statistically significant. Our subsample results suggest that economic systems have remarkable effects on the multi-scale causality. Overall, our study provides a novel perspective to deeply explore the relationships between macroeconomic variables.

Date: 2017
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Citations: View citations in EconPapers (2)

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DOI: 10.1080/13504851.2016.1229403

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