A Study of the Relationship between Saving and Economic Growth in China ——A Granger Causality Test Base on Provincial Panel Data
XI Jing1, CHEN Kai2, LEI Qin-li2
1.Post-doctor Workstation of Guangzhou Rural Commercial Bank, Guangzhou 510000, China; 2. Institute of Economics of Jinan University, Guangzhou 510000, China
Abstract:
By constructing a panel Granger causality test model with control variables and using the 2000 -2010 provincial panel data, this paper explores the determination between the saving and growth rate in China. The results find that the real GDP growth rate is the reason of changing in the saving rate. Conversely, the relationship is not established.
XI Jing, CHEN Kai, LEI Qin-li.A Study of the Relationship between Saving and Economic Growth in China ——A Granger Causality Test Base on Provincial Panel Data[J] Economic Survey, 2016,V33(5): 143-148