Examining the relationship between savings and growth income levels

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dc.contributor.authorWangui, Njuguna Christine
dc.date.accessioned2016-03-23T15:48:15Z
dc.date.available2016-03-23T15:48:15Z
dc.date.issued2015
dc.descriptionA Research Proposal submitted in Partial fulfillment for the award of Bachelor of Business Science- Financial Economics Degree.en_US
dc.description.abstractGiven the launch of the Vision 2030 which focuses on the potential of the different sectors to make a wide economic impact and the feasibility of unlocking that potential for the benefits of economic growth, employment and poverty reduction the government has a forecasted 10% growth rate. The state is therefore seeking to increase savings in the economy through creating more jobs. This study addresses the relationship between savings and growth for countries with different income levels. It uses time series data; Gross Domestic Product (GDP) and Gross Domestic Savings (GDS) to test for the relationship between savings and growth. The method of analysis used is Granger Causality. The study seeks to determine whether the relationship between savings and growth based on the different income classes: low income, middle-income and high income countries. In addition to this the study intends to check where the causality is more prevalent in order to determine where the relationship is most significant. The results of the study indicate that the relationship between savings and growth is more prevalent in high income countries. In low income countries the results are mixed. Middle income countries indicate a high presence of a relationship between savings and growth.en_US
dc.identifier.urihttp://hdl.handle.net/11071/4358
dc.language.isoenen_US
dc.publisherStrathmore Universityen_US
dc.subjectSavingsen_US
dc.subjectGrowthen_US
dc.subjectIncome levelsen_US
dc.titleExamining the relationship between savings and growth income levelsen_US
dc.typeOtheren_US
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