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http://hdl.handle.net/10419/18042
  

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dc.contributor.authorSchrooten, Mechthilden_US
dc.contributor.authorStephan, Sabineen_US
dc.coverage.temporal1990-1999en_US
dc.date.accessioned2009-01-28T15:38:58Z-
dc.date.available2009-01-28T15:38:58Z-
dc.date.issued2002en_US
dc.identifier.urihttp://hdl.handle.net/10419/18042-
dc.description.abstractAfter the collapse in the early years of transition, saving rates in many EU-accession countries have recovered and remained stable during recent years. This may indicate that the transformation process has come to an end with regard to savings. Is saving behaviour in EU-accession countries now driven by the same forces as it is in market economies? We use a panel data set covering the years 1990 to 1999 to estimate fixed-effects models for domestic and private saving ratios. Central findings: saving is highly persistent; income, growth and institutional reforms cause saving to increase, whereas public saving crowds out private saving. Domestic saving and foreign capital are operating as substitutes.en_US
dc.language.isoengen_US
dc.publisherDeutsches Institut für Wirtschaftsforschung (DIW) Berlinen_US
dc.relation.ispartofseriesDIW-Diskussionspapiere 306en_US
dc.subject.jelC33en_US
dc.subject.jelP2en_US
dc.subject.jelE21en_US
dc.subject.ddc330en_US
dc.subject.keywordPanel dataen_US
dc.subject.keywordsavingsen_US
dc.subject.keywordEU-accession countriesen_US
dc.subject.keywordtransformationen_US
dc.subject.stwSparenen_US
dc.subject.stwÜbergangswirtschaften_US
dc.subject.stwSchätzungen_US
dc.subject.stwOsteuropaen_US
dc.titleBack on track? Savings puzzles in EU-accession countriesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn367005093en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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