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dc.contributor.authorWan, G.
dc.contributor.authorShi, Q.
dc.contributor.authorTang, Sumei
dc.date.accessioned2017-05-03T16:59:48Z
dc.date.available2017-05-03T16:59:48Z
dc.date.issued2003
dc.date.modified2009-12-11T06:44:06Z
dc.identifier.issn03934551
dc.identifier.urihttp://hdl.handle.net/10072/27346
dc.description.abstractUsing a large set of household-level survey data, this paper explores determinants of saving behaviour in rural China. The rich specification of the model, necessarily ad hoc, enables consideration of an extensive array of variables. It is found that (a) liquidity constraints, precautionary motives and industrialisation conribute positively to the unusually high saving rate in China; (b) culture is a significant factor in helping explain inter-regional differences in saving rate; (c) the life cycle hypothesis is rejected since a "U-pattern", contrary to the commonly claimed "hump", is discovered; and (d) the permanent income hypothesis is not accepted as wealth is found to be negatively related to savings.
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherGiordano dell'Amore Foundation
dc.publisher.placeItaly
dc.publisher.urihttp://savingsanddevelopment.unibg.it/
dc.relation.ispartofpagefrom399
dc.relation.ispartofpageto420
dc.relation.ispartofissue4
dc.relation.ispartofjournalSavings and Development
dc.relation.ispartofvolume27
dc.subject.fieldofresearchMulti-Disciplinary
dc.subject.fieldofresearchcode999999
dc.titleSaving behaviour in a transition economy: An empirical case study of rural China
dc.typeJournal article
dc.type.descriptionC2 - Articles (Other)
dc.type.codeC - Journal Articles
gro.date.issued2003
gro.hasfulltextNo Full Text
gro.griffith.authorTang, Sumei


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