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

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.

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Year of publication:	2007-02-21
Authors:	Sinha, Dipendra ; Sinha, Tapen
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Economic growth \| public saving \| corporate saving \| household saving

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	O11 - Macroeconomic Analyses of Economic Development ; E21 - Consumption; Saving ; O16 - Financial Markets; Saving and Capital Investment
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005626819