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The impact of demography, growth and public policy on household saving: A case study of Pakistan
- Source: Asia-Pacific Development Journal, Volume 13, Issue 2, Apr 2007, p. 57 - 71
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- 05 Apr 2007
Abstract
The present study investigates the behaviour of household saving by employing the Johansen-Juselius cointegration technique and error correction model to determine the long run and short run dynamics of the system respectively using “time-series” data for Pakistan over the period 1972-2003. The study found the existence of one cointegrating vector, indicating a valid long run economic relationship among the determinants of household saving.
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