Gu, Xinhua; Tam, Pui Sun - In: Economic Modelling 33 (2013) C, pp. 850-857
find that China's growth is positively affected by saving but has a limited effect on saving, that inequality mainly has a … negative impact on growth but has a positive impact on saving, and that inequality is a stronger factor than growth in … explaining high saving. Therefore, inequality must be mitigated to lower the high saving rate in China, and growth will be …