Research

How Important is Domestic Saving for U.S. Economic Growth? A Time-Series Analysis

This paper explores the relationship between private domestic saving and economic growth using time-series data over the period 1973-2004 in the United States.  A simultaneous-equation model is developed to examine the growth effect of private domestic saving.  For an advanced and open economy such as the United States, our results suggest that the growth effect of private domestic saving is ambiguous.

Publication Information
Article Title: How Important is Domestic Saving for U.S. Economic Growth? A Time-Series Analysis
Journal: International Journal of Economics (Dec, 2009)
3(2)
Author(s): van den Berg, Hendrik;  Ghoshroy, A.
Researcher Information
    
van den Berg, Hendrik
van den Berg, Hendrik
Emeritus
Expertise:
  • Economic Development
  • Heterodox Economics
  • International Finance
  • Open-Economy Macroeconomics
Economics
HLH 523
P.O. Box 880489
University of Nebraska-Lincoln
Lincoln, NE 68588-0489, USA
Phone: (402) 472-2319
hvan-den-berg1@unl.edu