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  • 标题:Does Saving Really Matter For Growth In Developing Countries? The Case Of A Small Open Economy
  • 本地全文:下载
  • 作者:Olajide S. Oladipo
  • 期刊名称:International Business & Economics Research Journal
  • 印刷版ISSN:1535-0754
  • 电子版ISSN:2157-9393
  • 出版年度:2010
  • 卷号:9
  • 期号:4
  • 语种:English
  • 出版社:The Clute Institute for Academic Research
  • 摘要:The study employed the Toda and Yamamoto (1995) and Dolado and Lutkepohl (1996) –TYDL methodology to uncover the direction of causal relationship between savings and economic growth in Nigeria between 1970 and 2006. The empirical results suggest that savings and economic growth are positively cointegrated, indicating a stable long-run equilibrium relationship. Further, the findings revealed a unidirectional causality between savings and economic growth and the complementary role of FDI in growth.
  • 关键词:Cointegration;FDI;Savings and Economic Growth
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