Causal Relationship Between Savings and Economic Growth in Countries with Different Income Levels

Document Type



Published in Economics Bulletin, volume 5 issue 3, 2006. Bryant users may access this article here.

Publication Source

Economics Bulletin


This paper addresses the relationship between domestic savings and economic growth for various economies with different income levels. Using time series annual data, the Granger causality test was conducted. The study seeks to determine whether the direction of causality in these economies is different based on their income class: namely low−income, low−middle income, upper−middle income, and high−income countries.