Abstract
A brief look at the prime macroeconomic variables affecting economic growth in the country confirms the key role of the Gross Domestic Savings in the process. This paper is an attempt to study the causal relationship between domestic saving and economic growth and the overall trend in gross domestic savings over the course of planned development in India. The empirical study confirms the existence of bi-directional granger causality between domestic savings rate and GDP growth for India.
Published Version
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have