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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w16771 |
来源ID | Working Paper 16771 |
Why Are Saving Rates so High in China? | |
Dennis Tao Yang; Junsen Zhang; Shaojie Zhou | |
发表日期 | 2011-02-10 |
出版年 | 2011 |
语种 | 英语 |
摘要 | In this paper, we define "The Chinese Saving Puzzle" as the persistently high national saving rate at 34-53 percent of gross domestic product (GDP) in the past three decades and a surge in the saving rate by 11 percentage points from 2000-2008. Using data from the Flow of Funds Accounts (FFA) and Urban Household Surveys (UHS) supplemented by the findings from existing studies, we analyze the sources and causes of China's high and rising saving rates in the government, corporate, and household sectors. Although the causes of China's high saving are complex, we suggest that the evolving economic, demographic, and policy trends in the internal and external environments of the Chinese economy will likely lead to a decline in national saving in the foreseeable future. |
主题 | Microeconomics ; Behavioral Economics ; Macroeconomics ; Consumption and Investment ; Development and Growth ; Country Studies |
URL | https://www.nber.org/papers/w16771 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574446 |
推荐引用方式 GB/T 7714 | Dennis Tao Yang,Junsen Zhang,Shaojie Zhou. Why Are Saving Rates so High in China?. 2011. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w16771.pdf(228KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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