Artikel
Revisiting the causal nexus between savings and economic growth in India: An empirical analysis
This paper attempts to analyze the long run association between savings and growth; and investigates the causality issue in Indian context for the period 1950–51 to 2011–12. Firstly, the study identifies the structural break in the year 1980 by employing Bi-Perron test with unknown time. Further, it examines the association and the direction of causality between savings and real economic activity. The empirical evidence of the study suggests that savings boost the real activity both in the pre and post break period in the long run, while economic growth causes saving in the short run in the pre break period. Thus, the present study brings evidence in favour of the neoclassical exogenous and the post-neoclassical endogenous growth models and suggest that both the incentive-based measures and the productivity-based measures would be useful to generate higher savings and reinforce the acceleration of income and growth.
- Sprache
-
Englisch
- Erschienen in
-
Journal: EconomiA ; ISSN: 1517-7580 ; Volume: 18 ; Year: 2017 ; Issue: 3 ; Pages: 380-391 ; Amsterdam: Elsevier
- Klassifikation
-
Wirtschaft
- Thema
-
Savings
Economic growth
Structural break
Poupança
Ggrowth econômico
Ruptura estrutural
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Patra, Suresh Kumar
Murthy, Dogga Satyanarayana
Kuruva, Mahendra Babu
Mohanty, Avipsa
- Ereignis
-
Veröffentlichung
- (wer)
-
Elsevier
- (wo)
-
Amsterdam
- (wann)
-
2017
- DOI
-
doi:10.1016/j.econ.2017.05.001
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Patra, Suresh Kumar
- Murthy, Dogga Satyanarayana
- Kuruva, Mahendra Babu
- Mohanty, Avipsa
- Elsevier
Entstanden
- 2017
Ähnliche Objekte (12)
Revisiting the trade and unemployment nexus: Empirical evidence from the Nigerian economy
Revisiting the child health-wealth nexus
Revisiting the child health-wealth nexus
Empirical Methods for Causal Inference
Empirical analysis of households' saving behavior
Revisiting the finance-innovation nexus: Evidence from a non-linear approach
Do banks benefit from internationalization? Revisiting the market power-risk nexus
Revisiting the finance-inequality nexus in a panel of African countries
Expectations and Saving Behavior: An Empirical Analysis
Revisiting the Income-Health Nexus: The Importance of Choosing the "Right" Indicator
Revisiting the income-health nexus: the importance of choosing the 'right' indicator
Revisiting the Income-Health Nexus : The Importance of Choosing the "Right" Indicator
Revisiting the trade and unemployment nexus: Empirical evidence from the Nigerian economy
Revisiting the child health-wealth nexus
Revisiting the child health-wealth nexus
Empirical Methods for Causal Inference
Empirical analysis of households' saving behavior
Revisiting the finance-innovation nexus: Evidence from a non-linear approach
Do banks benefit from internationalization? Revisiting the market power-risk nexus
Revisiting the finance-inequality nexus in a panel of African countries
Expectations and Saving Behavior: An Empirical Analysis
Revisiting the Income-Health Nexus: The Importance of Choosing the "Right" Indicator
Revisiting the income-health nexus: the importance of choosing the 'right' indicator
Revisiting the Income-Health Nexus : The Importance of Choosing the "Right" Indicator
Revisiting the trade and unemployment nexus: Empirical evidence from the Nigerian economy
Revisiting the child health-wealth nexus
Revisiting the child health-wealth nexus
Empirical Methods for Causal Inference
Empirical analysis of households' saving behavior
Revisiting the finance-innovation nexus: Evidence from a non-linear approach
Do banks benefit from internationalization? Revisiting the market power-risk nexus
Revisiting the finance-inequality nexus in a panel of African countries
Expectations and Saving Behavior: An Empirical Analysis
Revisiting the Income-Health Nexus: The Importance of Choosing the "Right" Indicator
Revisiting the income-health nexus: the importance of choosing the 'right' indicator