The conclusion was that variations in gross domestic product (gdp) can best be explained or predicted up to 96% by an association of population and state/local spending in the following model: gdp = - 315 + 0000001 population + 0898 s/l spending.
To find out the major determinants of gross domestic savings in kenya specific objectives 1 to determine the effect of gdp on gross domestic savings in kenya 2 to find out the effect of real interest rates on gross domestic savings in kenya 3 to establish the effect of inflation on gross domestic savings in kenya 4.
Additionally in the short run, a causal relationship has been found between gross domestic income and gross domestic savings as well as between deposit interest rate and gross domestic savings. Private saving behavior: the real interest rate, gross private disposable income, the young age dependency ratio, and the inflation rate34 the analysis of determinants of private saving uses the estimates in loayza, schmidt-hebbel, and servén (2000), one of the most comprehensive and detailed studies of world saving rates.
This study analyzes the determinants of saving in turkey over a period of 1975- 2014 by examining the empirical relationship among the gross domestic saving, deposit interest rate, inflation, urban population growth and gdp per capita growth. Trends and determinants of gross domestic saving in ethiopia this study examined the trend and major determinants of gross domestic savings rate (gds) in ethiopia using secondary annual data for the period 1980-2014.
Period, gross domestic savings was 73 per cent of gdp on average the gross domestic saving rates of kenya fluctuated over the study period in kenya, gross domestic savings rates have generally been low the gross domestic savings was 1730 per cent of gdp on an average for the whole period under study (1971 – 2012.
The gross domestic saving growth negatively correlated with lagged domestic saving which indicated that there was no persistence in the behavior of domestic saving in ethiopia over time finally the study suggests that it is important for domestic saving to maintain sustainability of current economic growth and stabilize the economy as well as.
Raise the domestic saving rate in line with the needs of economic growth by identifying the significant determinants of gross domestic savings in ethiopia, the study will help to improve the low saving rate that we see in the country 12 statement of the problem domestic saving is the main sources of finance to domestic investment. Gross domestic product (gdp) gross domestic product is the summary of the national income and product account (nipa) tables, which is provided by the us department of commerce’s bureau of economic analysis (bea) gdp estimates the market value of all final goods, services, and structures produced in a given period by labor and property.