What drives the savings rate in middle-income countries?

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2023-12-11 DOI:10.18559/ebr.2023.4.1072

Wiktor Błoch

引用次数: 0

Abstract

The aim of this study is to examine the factors that influence the savings rate in middle-income countries and to compare the results with other studies devoted to different subgroups of countries. Among the potential determinants of savings the study considers: demography, income level, financial sector, international trade, inflation and the structure of the economy. The research sample is confined to 44 middle-income countries and covers the period between 2000 and 2019. Six model specifications are constructed using three different estimators: FE, FGLS and PCSE. In the next step the same models are estimated using alternative dependent variables. Results suggest that industrial share in GDP has a positive impact on the savings rate. On the other hand a negative relationship was diagnosed between the savings and unemployment rates, the share of labour compensation in GDP, military expenditure, inflation and the young dependency ratio.

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是什么推动了中等收入国家的储蓄率？

本研究旨在探讨影响中等收入国家储蓄率的因素，并将研究结果与其他针对不同国家分组的研究结果进行比较。在储蓄的潜在决定因素中，本研究考虑了人口、收入水平、金融部门、国际贸易、通货膨胀和经济结构。研究样本仅限于 44 个中等收入国家，时间跨度为 2000 年至 2019 年。使用三种不同的估计方法构建了六个模型规格：FE、FGLS 和 PCSE。下一步，使用替代因变量对相同模型进行估计。结果表明，工业占 GDP 的比重对储蓄率有积极影响。另一方面，储蓄率与失业率、劳动报酬在国内生产总值中所占份额、军费开支、通货膨胀和年轻受抚养人比率之间存在负相关关系。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.