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Impact of Savings on Capitalization: Case of Southeast Asian Economies
European Journal of Business Science and Technology
View Archive Info| Field | Value | |
| Title |
Impact of Savings on Capitalization: Case of Southeast Asian Economies
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| Creator |
Kutasi, Gábor
Lőrincz, Andrea Szabó, Eszter |
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| Description |
The study analyses the economics intuition that the domestic savings may determine the investments in a country. The assumption is tested on domestic savings between 1980 and 2015 in Southeast Asia economies and Hungary in a panel regression framework. The hypothesis is that domestic savings stimulate economic growth through investment financing and, thus, the high savings rate observed in Southeast Asian countries can contribute to the outstanding GDP growth in the region. The tests sort out the significant determinants of investments. Granger causality test is implemented as a control test for significance of determinants. The analysis successfully indicates the significance of domestic savings beside other variables, and confirms the hypothesis, namely, the domestic savings affect investments and indirectly the economic growth, while FDI does not prove to be significant.
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| Publisher |
Mendel University in Brno
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| Date |
2019-08-31
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
https://journal.ejobsat.cz/index.php/ejobsat/article/view/155
10.11118/ejobsat.v5i1.155 |
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| Source |
European Journal of Business Science and Technology; Vol 5 No 1 (2019); pp. 30–40
2694-7161 2336-6494 |
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| Language |
eng
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| Relation |
https://journal.ejobsat.cz/index.php/ejobsat/article/view/155/168
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| Rights |
Copyright (c) 2019 Gábor Kutasi, Andrea Lőrincz, Eszter Szabó
http://creativecommons.org/licenses/by-sa/4.0 |
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