The Social Sciences

Year: 2013
Volume: 8
Issue: 3
Page No. 224 - 230

Relationship Between Savings and Economic Growth in Nigeria

Authors : Abiodun S. Bankole and Basiru Oyeniran Fatai

References

Abu, N., 2010. Saving-economic growth nexus in Nigeria, 1970-2007: Granger causality and co-integration analyses. Rev. Econ. Bus. Stud., 3: 93-104.
Direct Link  |  

AbuAl-Foul, B., 2010. The causal relation between savings and economic growth: Some evidence from MENA countries. Proceedings of the 30th Annual Meeting of the Middle East Economic Association, January 3-6, 2010, Allied Social Science Associations, Atlanta, GA, USA., pp: 1-12.

Agarwal, P., 2001. The relation between savings and growth: Cointegration and causality evidence from Asia. Applied Econ., 33: 499-513.
CrossRef  |  

Alguacil, M., A. Cuadros and V. Orts, 2004. Does saving really matter for growth? Mexico (1970-2000). J. Int. Dev., 2: 281-290.
CrossRef  |  

Anoruo, E. and Y. Ahmad, 2001. Causal relationship between domestic savings and economic growth: Evidence from seven African countries. Afr. Dev. Rev., 13: 238-249.
CrossRef  |  Direct Link  |  

Bacha, E.L., 1990. A three-gap model of foreign transfers and the GDP growth rate in developing countries. J. Dev. Econ., 32: 279-296.
CrossRef  |  

Blomstrom, M., R.E. Lipsey and M. Zejan, 1996. Is fixed investment the key to economic growth?. Q. J. Econ., 111: 269-276.
Direct Link  |  

Carroll, C.D. and D.N. Weil, 1994. Saving and growth: A reinterpretation. Carnegie-Rochester Conf. Econ. Ser. Public Policy, 40: 133-192.
CrossRef  |  

Cohen, D., 1997. A comment on Gavin, Hausmann and Talvi. In: Promoting Savings in Latin America, Hausmann, R. and H. Reisen (Eds.). Organization of Economic Cooperation and Development and Inter-America Development Bank, Paris.

Cullison, W.E., 1993. Savings Measure as Economic Growth Indicators. Contemp. Econ. Policy, Vol. 11. 10.1111/j.1465-7287.1993.tb00366.x

De Gregorio, J., 1992. Economic growth in Latin America. J. Dev. Econ., 39: 59-84.

Deaton, A., 1995. Growth and Saving: What do we Know, What do we Need to Know and What Might we Learn?. Princeton University, USA.

Dolado, J. and H. Lutkepohl, 1996. Making wald tests work for cointegrated VAR systems. Econ. Rev., 15: 369-386.
Direct Link  |  

Engle, R.F. and C.W.J. Granger, 1987. Co-integration and error correction: Representation, estimation and testing. Econometrica, 55: 251-276.
CrossRef  |  Direct Link  |  

Gavin, M., R. Hausmann and E. Talvi, 1997. Saving Behavior in Latin America: Overview and Policy Issues. In: Promoting Savings in Latin America, Hausmann, R. and H. Reisen (Eds.). Organization of Economic Cooperation and Development and Inter-America Development Bank, Paris.

Husain, A.M., 1995. Long-run determinants of private saving behaviour in Pakistan. Pak. Dev. Rev., 34: 1057-1066.
Direct Link  |  

Jappeli, T. and M. Pagano, 1996. The determinants of saving: Lesson from Italy. Proceedings of the Conference on Determinants of Domestic Savings in Latin America, June 15-17, 1996, Inter-American Development Bank, Santafede Bogota -.

Johansen, S., 1988. Statistical analysis of cointegration vectors. J. Econ. Dyn. Control, 12: 231-254.
CrossRef  |  Direct Link  |  

Keynes, J.M., 1936. The General Theory of Employment, Interest and Money. Macmillan Cambridge University Press, Cambridge, UK.

King, R.G. and R. Levin, 1994. Capital fundamentalism, economic development and economic growth. Carnegie Rochester Conf. Ser. Public Policy, 40: 259-292.
Direct Link  |  

Krieckhaus, J., 2002. Reconceptualizing the developmental state: Public savings and economic growth. World Dev., 30: 1697-1712.
CrossRef  |  

Lewis, W.A., 1955. The Theory of Economic Growth. Unwin University Books, London.

Lorie, H., 2007. Mobilizing savings for sustainable high growth: Lesson from Asia for Pakistan. A Presentation at PIDE, Islamabad, Pakistan. http://www.pide.org.pk/pdf/seminar/seminar96.pdf.

Maddison, A., 1992. A long run perspective on saving. Scand. J. Econ., 94: 181-196.
Direct Link  |  

Mavrotas, G. and R. Kelly, 2001. Old wine in new bottles: Testing causality between savings and growth. Manchester School, 69: 97-105.
CrossRef  |  

Modigliani, F., 1970. The Life Cycle Hypothesis of Savings and Inter Country Difference in the Saving Ratio. In: Induction to Trade and Growth: Essay in Honor of Sir Roy Harrod, Eltis, W.A., M.F. Scott and J.N. Wolfe (Eds.). Clarendon Press, London, UK.

Modigliani, F., 1990. Recent development in saving rates: A life cycle perspective. Proceedings of the 6th World Congress of the Econometric Society, August, 1990, Barcelona, Spain -.

Mohan, R., 2006. Causal relationship between savings and economic growth in countries with different income levels. Econ. Bull., 5: 1-12.
Direct Link  |  

Oladipo, S.O., 2009. Does saving really matter for growth in developing countries? the case of a small open economy. http://economics.ca/2009/papers/0619.pdf.

Podrecca, E. and G. Carmeci, 2001. Fixed investment and economic growth: New results on causality. Applied Econ., 33: 177-182.
CrossRef  |  

Sajid. G.M. and M. Sarfraz, 2008. Savings and economic growth in Pakistan: An issue of causality. Pak. Econ. Soc. Rev., 46: 17-36.
Direct Link  |  

Saltz, I.S., 1999. An examination of the causal relationship between savings and growth in the third world. J. Econ. Finance, 23: 90-98.
CrossRef  |  

Sinha, D. and T. Sinha, 1996. The role of saving in Pakistan's economic growth. J. Applied Bus. Res., 15: 79-85.

Sinha, D. and T. Sinha, 1998. Cart before the horse? The saving-growth nexus in Mexico. Econ. Lett., 61: 43-47.
CrossRef  |  

Sinha, D. and T. Sinha, 1999. Saving and economic growth in Sri Lanka. Indian J. Applied Econ., 8: 163-174.

Sinha, D., 2000. Tests of granger causality between saving and economic growth in the Philippines. J. Social Econ. Dev., 3: 200-207.

Solow, R.M., 1956. A contribution to the theory of economic growth. Quart. J. Econ., 70: 65-94.
CrossRef  |  Direct Link  |  

Toda, H.Y. and T. Yamamoto, 1995. Statistical inference in vector autoregressions with possibly integrated process. J. Econ., 66: 225-250.
CrossRef  |  

Vanhoudt, P., 1998. A fallacy in causality research on growth and capital accumulation. Econ. Lett., 60: 77-81.
CrossRef  |  

Waithima, A.K., 2008. The egg or the chick first, saving or GDP growth: Case for Kenya. KCA J. Bus. Manage., Vol. 1.

World Bank, 1993. The east Asian miracle: Economic growth and public policy. Policy Research Report.

Design and power by Medwell Web Development Team. © Medwell Publishing 2024 All Rights Reserved