Abstract
The aim of this study is to examine the relationship between savings and economic
growth theoretically and empirically in OECD countries. The relationship between
savings and economic growth using data from selected OECD countries between 1988
and 2014 was examined by Panel Data Analysis. Unit root tests were used to test the
stability of the variables, and the Pedroni co integration test was used to test for long
term co integration relations. According to the results of the study, the effect of
economic growth on saving is statistically significant and positive. Economic growth
has been found to increase savings. Dumitrescu-Hurlin Panel shows that there is a bidirectional
causality relationship between economic growth and saving in causality
results.
Keywords
References
- Abu, N. (2010). Saving-Economic Growth Nexus In Nıgeria, 1970-2007: Granger Causalıty And Co-Integratıon Analyses, Review of Economomic and Business Studies, Volume 3, Issue 1, 93-104, ISSN-1843-763X Journal of Economics, Finance and Accounting – (JEFA), ISSN: 2148-6697
- Adelekun, O.J. (2011). The Nexus of Private Savings and Economic Growth in Emerging Economy: A case of Nigeria, Journal of Economics and Sustainable Development, Vol.2(6), 31-45.
- Agrawal, P. (2001). The Relation between Savings and Growth: Cointegration and Causality Evidence from Asia, Applied Economics, 33, ss. 499-513.
- Alguacil, M., Cuadros, A., & Orts, V. (2004). Does Saving Really Matter For Growth? Mexico (1970-2000), Journal of International Development,16, 2; 281-290.
- Anoruo, E. & Ahmad, Y. (2001). Causal relationship between domestic savings and economic growth: Evidence from seven African countries, African Development Review, 13(2), 238–249
- Atamtürk, B. (2007). Büyüme Teorileri ve IMF politikalrı, Maramra Üniversite İ.İ.B.F. Dergisi Cilt 22 Sayı 1
Abstract
Bu çalışmanın amacı OECD ülkelerinde tasarruf ve ekonomik büyüme arasındaki
ilişkinin teorik ve ampirik olarak irdelenmesidir. 1988-2014 yılları arasında seçili
OECD ülkelerinin verileri kullanılarak tasarruf ve ekonomik büyüme arasındaki ilişki
Panel Veri Analizi ile incelenmiştir. Birim kök testi ile birinci dereceden durağan hale
getirilen değişkenlerin uzun dönemde eş bütünleşme ilişkisi olup olmadığı Pedroni eş
bütünleşme testi kullanılarak analiz edilmiştir. Çalışmanın sonuçlarına göre ekonomik
büyümenin tasarruf üzerindeki etkisi istatistikî olarak anlamlı ve pozitif yöndedir.
Ekonomik büyümenin tasarrufları arttırdığı tespit edilmiştir. Dumitrescu-Hurlin Panel
Nedensellik sonuçlarında ekonomik büyüme ile tasarruf arasında çift yönlü nedensellik
ilişkisinin olduğu görülmektedir.
Keywords
References
- Abu, N. (2010). Saving-Economic Growth Nexus In Nıgeria, 1970-2007: Granger Causalıty And Co-Integratıon Analyses, Review of Economomic and Business Studies, Volume 3, Issue 1, 93-104, ISSN-1843-763X Journal of Economics, Finance and Accounting – (JEFA), ISSN: 2148-6697
- Adelekun, O.J. (2011). The Nexus of Private Savings and Economic Growth in Emerging Economy: A case of Nigeria, Journal of Economics and Sustainable Development, Vol.2(6), 31-45.
- Agrawal, P. (2001). The Relation between Savings and Growth: Cointegration and Causality Evidence from Asia, Applied Economics, 33, ss. 499-513.
- Alguacil, M., Cuadros, A., & Orts, V. (2004). Does Saving Really Matter For Growth? Mexico (1970-2000), Journal of International Development,16, 2; 281-290.
- Anoruo, E. & Ahmad, Y. (2001). Causal relationship between domestic savings and economic growth: Evidence from seven African countries, African Development Review, 13(2), 238–249
- Atamtürk, B. (2007). Büyüme Teorileri ve IMF politikalrı, Maramra Üniversite İ.İ.B.F. Dergisi Cilt 22 Sayı 1
Details
| Subjects | Business Administration |
|---|---|
| Journal Section | x |
| Authors | |
| Publication Date | March 24, 2017 |
| Submission Date | November 20, 2016 |
| Acceptance Date | February 27, 2017 |
| Published in Issue | Year 2017 |
Cited By
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