Boosting Savings and Investment Leads to Economic Growth in Nepal
The study looked at how domestic savings and investment affect economic growth in Nepal from 1975 to 2019. They used a VEC model to analyze the relationship between these factors. The results showed that there is a long-term connection between savings, investment, and economic growth. In the short term, both savings and investments have a positive impact on economic growth. The study suggests that increasing capital formation and productive sector investment can help Nepal achieve sustainable economic growth.