Abstract

The present research examined those factors that affect gross savings in the developing economy of Pakistan. Data from the period of 11 years from 2010 to 2020 was gathered from secondary sources. The study found that the inflation rate has a negative and significant relation with gross savings. It is also found that the interest rate has a negative and significant relation with gross savings. We also found that openness to the economy has a positive and significant relation with gross savings. Implications, discussion and future directions are also highlighted.

Authors

1-Hira Pervez
MS Scholar, Institute of Management Sciences, Peshawar, KP, Pakistan.

2-Rashid Khan
Lecturer, IBMS, The University of Agriculture, Peshawar, KP, Pakistan.

Keywords

Gross Savings, Inflation, Interest, Openness to Economy, Pakistan

DOI Number

10.31703/ger.2020(V-I).23

Page Nos

276-285

Volume

V

Issue

I