中国居民储蓄与经济增长的动态关系——基于1978—2006年的面板数据分析

Dynamic Relationship between Honsehold＇s Savings and Economic Growth

中国居民储蓄在国民储蓄中的比重日益提高，其与经济增长的关系也成为经济学界关注的焦点。中国居民储蓄与国内生产总值存在长期的协整关系，两者之间互相促进。国内生产总值对居民储蓄的影响随时间逐步减弱，但居民储蓄对国内生产总值的影响不断增强。

The percentage of household＇s savings in national savings is higher and higher so the relationship between household＇s savings and economic growth has become the focus of economists. There is a long-term cointegration relation between household＇s savings and GDP in China. As time goes by while GDP is having a weaker influence on household＇s savings, the latter will exert a stronger impact on the former.