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The determinants of private saving in India

Athukorala, Prema-Chandra; Sen, Kunal

Description

This paper examines the determinants of private saving in the process of economic development, in the light of the Indian experience during the period 1954 - 1998. The methodology involves the estimation of a saving rate function derived within the life cycle framework while paying attention to the structural characteristics of a developing economy. It is found that the saving rate rises with both the level and the rate of growth of disposable income and the magnitude of the impact of the...[Show more]

CollectionsANU Research Publications
Type: Working/Technical Paper
URI: http://hdl.handle.net/1885/40610
http://digitalcollections.anu.edu.au/handle/1885/40610
Source: World Development
DOI: 10.1016/j.worlddev.2003.07.008

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