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In this paper, we conduct a dynamic panel analysis of the determinants of the household saving rate in China using a life cycle model and panel data on Chinese provinces for the 1995-2004 period from China's household survey. We find that China's household saving rate has been high and rising...
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literature. Going further, we simulate global savings behavior based on our framework and find that China’s demographics should …
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a better tomorrow? It models ambitious progress in health, demographics, agriculture, education, industrialization …
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a better tomorrow? It models ambitious progress in health, demographics, agriculture, education, industrialization …
Persistent link: https://www.econbiz.de/10013477416
China's remarkable run of persistently high growth in recent decades is all the more stunning in light of the country's low levels of financial and institutional development, state-dominated economy, and nondemocratic government. Notwithstanding the inefficient and risky growth model, the...
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Abstract In this paper, we investigate how much Chinese households have contributed to China's economic growth between 1980 and 2015 from the perspective of age structure transitions. We first propose a theoretical framework for the quantification of the demographic dividends during an age...
Persistent link: https://www.econbiz.de/10012926616