Determinants of savings in the APEC countries
The determinants of savings is the subject which is studied frequently in economic literature. Because that the saving conditions are contribute to the economic growth. This study examines the determinants of savings in the APEC countries. Panel data analysis was used for sixteen APEC member countri...
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| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2015-06-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/1087.pdf
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| Summary: | The determinants of savings is the subject which is studied frequently in economic
literature. Because that the saving conditions are contribute to the economic growth. This
study examines the determinants of savings in the APEC countries. Panel data analysis was
used for sixteen APEC member countries during the period of 2000-2013. According the
analysis results that income, age dependency ratio, young population, rural population and
urban population affect on savings positively. Financial depth affects on savings negatively.
Inflation and old population have no significant effect on savings in APEC countries. |
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| ISSN: | 1841-8678 1844-0029 |