Abstract
Using recent developments in econometric techniques, we show that the conventionally accepted view that higher saving rate causes higher economic growth does not hold for Mexico. In fact, the causality goes in the opposite direction.
| Original language | English |
|---|---|
| Pages (from-to) | 43-47 |
| Number of pages | 5 |
| Journal | Economics Letters |
| Volume | 61 |
| Issue number | 1 |
| Publication status | Published - 1 Oct 1998 |
Keywords
- C32
- Cointegration
- E21
- O11
- Saving-growth