Beruflich Dokumente
Kultur Dokumente
Submitted by
Sharafat Hussain
supervised by
Ms. Zakia Batool
Chapters title
Introduction
Literature review
Methodology
Estimation
Conclusion and policies
Introduction:
Saving is a crucial determinant of economics growth as the investments are
mainly financed by savings and higher investments boost up the rate of
economic growth.
Model:
VARIABLES SOURCE
Augmented
PCI -4.072516
Dickey Fuller Test: 5% -1.949856 I(1)
PS
1.000000 - -
PCI
-1.678202 0.18854
-8.90104
DR
1.1431900 1.04963
1.089136
MLR
-5.355563 4.17805
-1.28183
FMLR
-7.405936 5.11205
-1.44872
Residual Normality Test:
Component joint
Jarque-bera 18.01754
Probability 0.1211
AR Roots Graph:
Conclusion and Policies
There is a need to focus on improving the education of both males and females
because education increases not only the employment opportunities but also
improves the capabilities of both males and females to manage household
expenditure.
Per capita income appears to have positive influence on savings. The policy
implication that can be drawn from our study is to increase household savings;
there is a need to increase the incomes of households.