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China's growth is characterized by massive capital accumulation, made possible by high and increasing domestic savings. In this paper we develop a model with the aim of explaining why savings rates have been high and increasing, and we investigate the general equilibrium effects on capital...
Persistent link: https://www.econbiz.de/10010330222
China's growth is characterized by massive capital accumulation, made possible by high and increasing domestic savings. In this paper we develop a model with the aim of explaining why savings rates have been high and increasing, and we investigate the general equilibrium effects on capital...
Persistent link: https://www.econbiz.de/10009753232
Persistent link: https://www.econbiz.de/10012264103
Persistent link: https://www.econbiz.de/10011948004
Persistent link: https://www.econbiz.de/10011709498
Persistent link: https://www.econbiz.de/10010440374
China’s growth is characterized by massive capital accumulation, made possible by high and increasing domestic savings. In this paper we develop a model with the aim of explaining why savings rates have been high and increasing,and we investigate the general equilibrium effects on capital...
Persistent link: https://www.econbiz.de/10010858969
China's growth is characterized by massive capital accumulation, made possible by high and increasing domestic savings. In this paper we develop a model with the aim of explaining why savings rates have been high and increasing, and we investigate the general equilibrium effects on capital...
Persistent link: https://www.econbiz.de/10010663587