Cointegrating and causal relationships between saving and growth: The case of Iran / Nur Fakhzan Marwan ...[et al.]

This paper examines the long-run causal relationship between saving and economic growth for Iran for the period 1967-2010. Applying the multivariate cointegration techniques and Toda and Yamamoto causality test, it is found that the stability of savings-led growth hypothesis in the long run is not a...

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Bibliographic Details
Main Authors: Marwan, Nur Fakhzan (Author), Khalid, Norlin (Author), Ahmad, Mahyudin (Author), Samsudin, Mawarti Ashik (Author), Ab Halim, Roslilee (Author)
Format: Book
Published: 2012.
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100 1 0 |a Marwan, Nur Fakhzan  |e author 
700 1 0 |a Khalid, Norlin  |e author 
700 1 0 |a Ahmad, Mahyudin  |e author 
700 1 0 |a Samsudin, Mawarti Ashik  |e author 
700 1 0 |a Ab Halim, Roslilee  |e author 
245 0 0 |a Cointegrating and causal relationships between saving and growth: The case of Iran / Nur Fakhzan Marwan ...[et al.] 
260 |c 2012. 
500 |a https://ir.uitm.edu.my/id/eprint/50219/1/50219.PDF 
520 |a This paper examines the long-run causal relationship between saving and economic growth for Iran for the period 1967-2010. Applying the multivariate cointegration techniques and Toda and Yamamoto causality test, it is found that the stability of savings-led growth hypothesis in the long run is not applied for this country. On the other hand, it is found that there is a unidirectional causality running from economic growth to saving for Iran. Evidently, the empirical results cast further doubt on the relevance of the domestic saving used as a target variable for economic development. 
546 |a en 
690 |a Economics 
690 |a Macroeconomics 
690 |a Business cycles. Economic fluctuations. Economic indicators 
655 7 |a Conference or Workshop Item  |2 local 
655 7 |a PeerReviewed  |2 local 
787 0 |n https://ir.uitm.edu.my/id/eprint/50219/ 
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