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The Impact of Savings in Economic Growth. Comparative Study Between Japan and China

Author

Listed:
  • Mihu? Marius Ioan

    (West University of Timi?oara)

Abstract

As the name suggests, this article aims to show the impact that savings have in the economic growth of a state, starting from saving rates in two countries that have experienced fulminating growth in the post-war period: Japan and China. We will substantiate the study by using the econometric apparatus, namely through regression in order to quantify the impact of analyzed elements on economic growth. In terms of quality, we will analyze the socio-historical-cultural factors that facilitated these high savings rates. The importance of the study lies in the fact that our results will show whether these two countries could set an example for other countries, but also savings contribution, which by determining an increased rate of investment, contributes to economic growth.

Suggested Citation

  • Mihu? Marius Ioan, 2015. "The Impact of Savings in Economic Growth. Comparative Study Between Japan and China," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 295-298, May.
    • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:1:p:295-298
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    More about this item

    Keywords

    savings; economic growth; China; Japan;
    All these keywords.

    JEL classification:

    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth

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