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dc.contributor.authorYang, Dennis Taoen_US
dc.contributor.authorZhang, Junsenen_US
dc.contributor.authorZhou, Shaojieen_US
dc.date.accessioned2011-06-07en_US
dc.date.accessioned2011-06-28T13:55:14Z-
dc.date.available2011-06-28T13:55:14Z-
dc.date.issued2011en_US
dc.identifier.piurn:nbn:de:101:1-201104113387en_US
dc.identifier.urihttp://hdl.handle.net/10419/46096-
dc.description.abstractIn 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.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesDiscussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5465en_US
dc.subject.jelD91en_US
dc.subject.jelE21en_US
dc.subject.jelJ10en_US
dc.subject.ddc330en_US
dc.subject.keywordaggregate savingen_US
dc.subject.keywordinternational comparisonen_US
dc.subject.keywordhousehold behavioren_US
dc.subject.keyworddemographic structureen_US
dc.subject.keywordChinaen_US
dc.subject.stwSozialprodukten_US
dc.subject.stwSparenen_US
dc.subject.stwPrivater Haushalten_US
dc.subject.stwUnternehmenen_US
dc.subject.stwStaaten_US
dc.subject.stwChinaen_US
dc.titleWhy are saving rates so high in China?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn661585123en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:IZA Discussion Papers, Forschungsinstitut zur Zukunft der Arbeit (IZA)

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