An Econometric Analysis of Private Domestic Saving in Namibia
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Date
1999-06
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A.A.U
Abstract
This paper examines the determinants of private domestic saving in
Namibia by means of a single model regression analysis. It reviews the empirical
and theoretical literatures of both developed and developing countries.the
review focuses on traditional theories of saving the keynesian absolute income
hypothesis, Permanent income hypothesis, Life cycle hypothesis and random
walk hypothesis. It also laid stress on the recent determinants of private domestic
saving; the income, interest rate, liquidity and borrowing constraints, public
saving, macroeconomic stability. the study applied an intensive time series
econometric analysis technique to avoid spurious results associated with time
series data. the oF and aoF tests were applied to determine the stationarity and
non-stationarity of the variables in the model.taving in Namibia.
Description
Keywords
Domestic, Saving