2009•Journal of Changchun University of TechnologyRequires access

Research on the saving rate differences between China and United States

Yang Yibo

Open publisher page 0 citations

Abstract

Researching the saving rate differences between China and US,we find that Confucian culture and saving rate increase of the enterprises are the main reasons of high saving rate in China,while Forward-looking consume culture and the change of consume behavior are the main reasons of low saving rate in US.The difference has a profound impact on both sides,because the high saving rate in China supports the liquidity and the stability of financial market in US,but US economy may lose the balance if it relies on too much on the high saving rate in China.

About this research paper

What this paper is about

Researching the saving rate differences between China and US,we find that Confucian culture and saving rate increase of the enterprises are the main reasons of high saving rate in China,while Forward-looking consume culture and the change of consume behavior are the main reasons of low saving rate in US.The difference has a profound impact on both sides,because the high saving rate in China supports the liquidity and the stability of financial market in US,but US economy may lose the balance if it relies on too much on the high saving rate in China.

Why it matters

A significance statement is not available in the OpenAlex record.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Researching the saving rate differences between China and US,we find that Confucian culture and saving rate increase of the enterprises are the main reasons of high saving rate in China,while Forward-looking consume culture and the change of consume behavior are the main reasons of low saving rate in US.The difference has a profound impact on both sides,because the high saving rate in China supports the liquidity and the stability of financial market in US,but US economy may lose the balance if it relies on too much on the high saving rate in China.

Key concepts: China, Market liquidity, Balance (ability), Economics, Business, Monetary economics, Political science, Medicine

Related papers

Back to paper searchBrowse research topicsOriginal source
Research on the saving rate differences between China and United States — Research Paper | ScholarLens