Contents of the volume

2017, Volume 70 - Issue 1

ISSN: 2499-8265
RSS feed citation: At RePEc
Publication date: 01 February 2017

THE RELATIONSHIP BETWEEN SAVINGS AND ECONOMIC GROWTH AT THE DISAGGREGATED LEVEL

Lumengo Bonga-Bonga, Nomvuyo GUMA

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MONETARY POLICY TRANSMISSION OVER THE REAL SECTOR OF BANGLADESH ECONOMY: AN SVAR APPROACH

Abdur Rahman Forhad, Ghassem A. Homaifar, Abul Hasnat Muhammed Salimullah

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REMITTANCES AND FOREIGN AID AS SOURCES OF EXTERNAL DEVELOPMENT FINANCE: IMPACTS ON SAVINGS AND INVESTMENT IN POST-WAR LEBANON

Bassam Hamdar, Samer Nouayhid

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THE DYNAMIC CAUSAL LINKAGE BETWEEN FINANCIAL DEVELOPMENT AND ECONOMIC GROWTH: EMPIRICAL EVIDENCE FROM ETHIOPIA

Sheilla Nyasha, Yvonne Gwenhure, Nicholas M. Odhiambo

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TESTING FISCAL SUSTAINABILITY IN THE TRANSITION ECONOMIES OF EASTERN EUROPE: THE CASE OF POLAND (1999-2015)

Marco Tronzano

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Genoa Chamber of Commerce
Economia Internazionale / International Economics

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Corresponding author

Lumengo BONGA-BONGA, University of Johannesburg, South Africa

Co-authors

Nomvuyo GUMA, University of Johannesburg, South Africa

The Relationship between Savings and Economic Growth at the Disaggregated Level

Pages

1-24

Abstract

While the literature, both international and in South Africa, is relatively rich in studies on the determinants of foreign direct investment as well as the determinants of savings, none of the work done on South Africa has made use of disaggregated saving data to understand whether there is an observable difference in the marginal propensity to save of the different economic sectors. Thus, this paper attempts to assess the marginal propensity to save by the household, corporate and government sectors in South Africa. The results of the econometric analysis demonstrate that the greatest responsiveness of savings to GDP growth occurs amongst corporates. These findings should inform the South African government on how to regulate sectoral taxation that intends to encourage savings, given the low level of savings in the country.

JEL classification

C1, E2, O4

Keywords

Savings, Corporates, Households, Government, Cointegration

Index

  1. Introduction
  2. Literature review
  3. Data and methodology
  4. Estimation and empirical results
  5. Conclusion

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