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The Role of Savings in Economic Development The U. S. and Japanese Experiences
Oleh:
Dhakal, Dharmendra
;
Grabowski, Richard
;
Shields, Michael P.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
JAPAN AND THE WORLD ECONOMY vol. 3 no. 4 (1991)
,
page 331-340.
Topik:
ECONOMICS
;
savings
;
economic development
;
experiences
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ47.1
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
This paper explores the relationship between savings and growth in the United States and in Japan within a simple Granger causality framework. For Japan, growth caused savings before World War II while after World War II savings caused growth. For the US, growth caused savings after World War II. These results suggest that the savings - growth relationship may depend upon the stage of development.
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