1M.A., M. Sc., A.M.A., Ph. D, Senior Professor and Head, School of Economics, Madurai Kamaraj University, Madurai, Tamil Nadu
2Ph. D., Research Scholar, School of Economics, Madurai Kamaraj University, Madurai, Tamil Nadu
Online published on 20 June, 2019.
Gross Domestic Saving consists of household sector saving, corporate sector saving and public sector saving. The growth of these three components of Gross Domestic Saving has been studied in this research work over a period of sixty years from 1950–51 to 2009–2010. This period is divided into six sub periods consisting of 10 years each. The structure of Gross Domestic Saving is also analysed over this period. Further the trend and compound growth rate of Gross Domestic Saving for these six sub periods have also been estimated through regression model. The saving function of Indian Economy is fitted for each sub period by taking Gross Domestic Saving as the dependent variable and Gross Domestic Product as the independent variable of the linear regression Model. The regression coefficient in this case measures the marginal propensity to save. Through this marginal propensity to save, the Keynesian Multiplier is estimated for the six sub periods
Gross Domestic Saving, Saving Functions, Marginal Propensity to Save, Keynesian Multiplier
