Vol. 5 No. 1 (2015): Vol 5, Iss 1, Year 2015
Articles

An analysis of contributions of household sector, private corporate sector and public sector in gross domestic savings and thus gross capital formation of india

Anandakumara K
Assistant Professor, Velammal Institute of Technology,Chennai-601204, Tamilnadu,South India
Glorinthal P
Assistant Professor, KCS Kasi Nadar Arts and Science College, Chennai-21, Tamilnadu,South India
Published June 30, 2015
Keywords
  • Gross Domestic Savings; Gross Capital Formation; Household Sector; Private Corporate Sector; Public Sector.
How to Cite
K, A., & P, G. (2015). An analysis of contributions of household sector, private corporate sector and public sector in gross domestic savings and thus gross capital formation of india. Journal of Management and Science, 5(1), 74-82. https://doi.org/10.26524/jms.2015.7

Abstract

The fact that saving is one of the main factors to economic growth is unquestionable.Accumulated saving can be consider as the sources of capital stock which play a crucial role in creating investment, production, and employment. And all these activities eventually enhance the economic growth. The present paper attempts to analyze the contributions of household sector, private corporate sector and public sector in Gross Domestic Savings (GDS) and thus Gross Capital Formation (GCF) of India. The study is based on secondary data from 2000-2013. The statistical  tools like Percentage, ANOVA, Correlation and Regression analysis are used for data analysis. The analysis reveals that the maximum contribution to GDS and GCF is made by household sector followed by private corporate sector and public sector.

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