Volume : II, Issue : I, January - 2013

Influence of Saving on Capital Formation in India During 1991–2010: A Granger and Co– Integration Analysis

Dr. S. A. Saiyed

Abstract :

In this paper the attempt is made to investigate co-integration between Gross Domestic Saving and Gross Domestic Capital Formation, and also to identify the direction of causal relationship between these two variables. In order to examine long-term relationship and causality among these variables. In this paper we have used Johansen cointegration and Ganger causality test with time series data covering the period of 1991-2010 in India. Using annual data, the results show that the unidirectional causal relationship runs from gross domestic saving to gross domestic capital formation.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Dr. S. A. Saiyed Influence of Saving on Capital Formation in India During 1991-2010: A Granger and Co- Integration Analysis International Journal of Scientific Research, Vol.II, Issue.I January 2013

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