China's High Saving Puzzle
Guonan Ma and
Dennis Yang
No 7223, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
This paper analyzes the causes of rising savings rates for the corporate, government, and household sectors, which have jointly contributed to the upsurge in aggregate savings in China in the past two decades. Government policies to rebalance the Chinese economy are also explored.
Keywords: China; WTO accession; aggregate savings; current account; income distribution; trade policies (search for similar items in EconPapers)
JEL-codes: E21 F32 O16 (search for similar items in EconPapers)
Pages: 11 pages
Date: 2013-02
New Economics Papers: this item is included in nep-tra
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Citations: View citations in EconPapers (5)
Published - published in: Shenggen Fan, Ravi Kanbur, Shnag-Yin Wei and Xiaobo Zhang (eds): Oxford Companion to the Economics of China, 2014, 190-193
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