Research Paper | Economics | Ethiopia | Volume 5 Issue 8, August 2016
Inflation and Gross Domestic Savings nexus in Ethiopia
Demilie Basha Hailu, Samson Abay
The paper Endeavors to investigate the magnitude and direction effect of inflation on the gross domestic savings. In doing so, the writers undertake different diagnostic tests such as Augmented Dicky Fuller unit root tests, Ramsey functional misspecification test (RESET) hetroscedasticity, autocorrelation etc. Moreover, we use the Engle-granger co-integration approach to test the existence of long run associations among economic variables. Accordingly, the model doesnt confirm the existence of long run relationships and hence the short run model suggests that there appears an inverse relationship between macroeconomic uncertainty (inflation) and gross domestic savings. Moreover, the result reveals insignificant influence of real interest rate and a significant and positive effect of real GDP on savings.
Keywords: inflation, savings, Ethiopia
Edition: Volume 5 Issue 8, August 2016
Pages: 1399 - 1401
How to Cite this Article?
Demilie Basha Hailu, Samson Abay, "Inflation and Gross Domestic Savings nexus in Ethiopia", International Journal of Science and Research (IJSR), https://www.ijsr.net/search_index_results_paperid.php?id=ART2016873, Volume 5 Issue 8, August 2016, 1399 - 1401
Similar Articles with Keyword 'inflation'
Analysis of Interest Rate and Stock Price in Africa: Case Study of Ghanaian Listed Firms
Bridget Opoku-Agyemang, Grace Ofori-Abebrese, Benjamin Korankye
Analysis the Influence of Internal Factor and External Factor on Yield Bonds Government in 2011-2014
Utami Yuliani, Bambang Juanda, Trias Andati
Analyze the Factor Responsible for Change in Price Index to Measure Inflation in India
Ayush Deo, Dr Rosy Kalra
Impact of Oil Prices on Economic Growth of India
Synchronization of Inflation and Unemployment and Poverty Increase in the Iraqi Economy for (1994-2010)
Hind Ghanim Mohammed Al-Mohanna, Dr. Hanan Abdul-Khidher, Fatin Aeyed Jassim
Similar Articles with Keyword 'savings'
An Empirical Study on the Influencing Factors of Residents Consumption Level in China-Take Shanghai as an Example
Yaoqun Zheng, Yaping Li
Effect of Entrepreneurship Education on Growth of Enterprises owned by Entrepreneurs with Disabilities in Bungoma County, Kenya
Elizabeth Wasike, Sarah Likoko
Foreign Direct Investment and Growth in BRICS Countries: A Review
Narender, Shilpi Devi
Saving and Lifestyle of Young Indians
Anju Varghese, Anit Ban A
Impact of Microfinance on Poverty Eradication through SHGs: A Case Study of Pratapgarh District (Uttar Pradesh)
Similar Articles with Keyword 'Ethiopia'
An Analysis of Urban Households Poverty and Forecasting its Average Exit Time: The Case of Selected Towns in Southern Ethiopia
Mesfin Menza, Afework Berhanu, Melkamu Mada
Analyzing Adoption and Intensity of Use of Coffee Technology Package in Yergacheffe District, Gedeo Zone, SNNP Regional State, Ethiopia
Abreham Kebedom, Tewodros Ayalew
Determinants of Farmers Participation Decision on Local Seed Multiplication in Amhara Region,Ethiopia: A Double Hurdle Approach
Mesay Yami, TekluTesfaye, Adam Bekele
Indicator Shocks to Vulnerability and Social Welfare in District Level, South Ethiopia
Defaru Debebe, Eshetu Ewunetu, Mohammed Beshir
Factors Affect Participation of Rural Households? Off-farm Activities in Tigray National Regional State