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

• Main Authors: Marwan, Nur Fakhzan, Khalid, Norlin, Ahmad, Mahyudin, Samsudin, Mawarti Ashik, Ab Halim, Roslilee
• Format: Conference or Workshop Item
• Language: English
• Published: 2012
• Subjects: Economics; Macroeconomics; Business cycles. Economic fluctuations. Economic indicators
• Online Access: https://ir.uitm.edu.my/id/eprint/50219/1/50219.PDF; https://ir.uitm.edu.my/id/eprint/50219/

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...