The Impact of Savings in Economic Growth. Comparative Study Between Japan and China

Mihu? Marius Ioan ()
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Mihu? Marius Ioan: West University of Timi?oara

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 1, 295-298

Abstract: As the name suggests, this article aims to show the impact that savings have in the economic growth of a state, starting from saving rates in two countries that have experienced fulminating growth in the post-war period: Japan and China. We will substantiate the study by using the econometric apparatus, namely through regression in order to quantify the impact of analyzed elements on economic growth. In terms of quality, we will analyze the socio-historical-cultural factors that facilitated these high savings rates. The importance of the study lies in the fact that our results will show whether these two countries could set an example for other countries, but also savings contribution, which by determining an increased rate of investment, contributes to economic growth.

Keywords: savings; economic growth; China; Japan (search for similar items in EconPapers)
JEL-codes: E21 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xv:y:2015:i:1:p:295-298

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