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.
||How Important is Domestic Saving for U.S. Economic Growth? A Time-Series Analysis
International Journal of Economics (Dec, 2009)
||van den Berg, Hendrik; Ghoshroy, A.
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|van den Berg, Hendrik ||Economics