Economics at your fingertips  


Lumengo Bonga-Bonga () and Nomvuyo Guma
Additional contact information
Nomvuyo Guma: University of Johannesburg

Economia Internazionale / International Economics, 2017, vol. 70, issue 1, 1-24

Abstract: While the literature, both international and in South Africa, is relatively rich in studies on the determinants of foreign direct investment as well as the determinants of savings, none of the work done on South Africa has made use of disaggregated saving data to understand whether there is an observable difference in the marginal propensity to save of the different economic sectors. Thus, this paper attempts to assess the marginal propensity to save by the household, corporate and government sectors in South Africa. The results of the econometric analysis demonstrate that the greatest responsiveness of savings to GDP growth occurs amongst corporates. These findings should inform the South African government on how to regulate sectoral taxation that intends to encourage savings, given the low level of savings in the country. Il rapporto tra risparmio e crescita economica a livello disaggregato Sia la letteratura internazionale che quella relativa al Sud Africa sono relativamente ricche di studi sulle determinanti degli investimenti diretti esteri e del risparmio, ma nessuno degli studi sul Sud Africa ha utilizzato dati disaggregati sul risparmio per comprendere se c’è una differenza rilevante nella propensione marginale al risparmio dei diversi settori economici. Scopo di questo lavoro è valutare la propensione marginale al risparmio del settore privato, del settore corporate e del settore pubblico in Sud Africa. I risultati dell’analisi econometrica mostrano che la maggiore reattività del risparmio alla crescita del PIL si ha nel settore corporate. Queste evidenze dovrebbero suggerire al governo sudafricano come regolare la tassazione nei vari settori al fine di incentivare il risparmio, considerato il suo basso livello nel paese.

Keywords: Savings; Corporates; Households; Government; Cointegration (search for similar items in EconPapers)
JEL-codes: C10 E20 O40 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed

Downloads: (external link) Full text (application/pdf)

Related works:
Working Paper: The relationship between savings and economic growth at the disaggregated level (2016) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Economia Internazionale / International Economics is currently edited by Amedeo Amato

More articles in Economia Internazionale / International Economics from Camera di Commercio Industria Artigianato Agricoltura di Genova Via Garibaldi 4, 16124 Genova, Italy. Contact information at EDIRC.
Bibliographic data for series maintained by Angela Procopio ().

Page updated 2019-10-10
Handle: RePEc:ris:ecoint:0792