Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/10212
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dc.contributor.authorDholakia, Ravindra H.
dc.contributor.authorChaturvedi, Vaibhav
dc.contributor.authorKumar, Brajesh
dc.date.accessioned2010-11-10T05:37:21Z
dc.date.available2010-11-10T05:37:21Z
dc.date.copyright2009
dc.date.issued2009-11-10T05:37:21Z
dc.identifier.citationDholakia, R. H., Chaturvedi, V., & Kumar, B. (2009). Interrelationship Between Economic Growth, Savings, and Inflation in Asia. Journal of International Economic Studies, 23, 1--22.en
dc.identifier.urihttp://hdl.handle.net/11718/10212
dc.descriptionJournal of International Economic Studies, 23, (March 2009), pp. 1-22en
dc.description.abstractThe present study examines the inter-relationship between economic growth, savings rate and inflation for south-east and south Asia in a simultaneous equation framework using two stage least squares with panel data. The relationship between savings rate and growth has been found to be bi-directional and positive. Inflation has a highly significant negative effect on growth but positive effect on savings rate. Inflation is not affected by growth but is largely determined by its past values and savings rate is not affected by interest rate. These findings for countries in Asia with widely divergent values of aggregates are very relevant for development policies and strategies.en
dc.language.isoenen
dc.publisherJournal of International Economic Studiesen
dc.subjectGrowthen
dc.subjectSavingsen
dc.subjectInflationen
dc.subjectSimultaneityen
dc.subjectFixed-Effecten
dc.titleInterrelationship between economic growth, savings, and inflation in Asiaen
dc.typeArticleen
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