中国国民储蓄实证研究——基于结构视角

An Empirical Research about the National Savings in China

从结构上看,国民储蓄包括居民储蓄、企业储蓄、政府储蓄,通常按照资金流量表对三者进行测算是不科学的,应直接用支出法对国民经济核算数据来进行测算改革开放以来居民储蓄、企业储蓄、政府储蓄的数量。中国储蓄率的变化趋势主要应该由企业储蓄、政府储蓄来解释,居民储蓄改革开放以来总体上保持了稳定。

National savings is made up of personal savings, enterprise savings and government savings. The author thinks that we can＇t calculate the valid quantities of the three portions based on the funds flow statement generally. We should calculate the quantities of bank savings, enterprise savings, and government savings since the reform and opening based on the data of the Gross Domestic Product by Expenditure Approach. By the way analyzing the variation tendency of the ratio of the national savings, we can see the change trend of our savings rate mainly should be explained by enterprise savings and government savings, since the reform and opening, bank savings maintained steady stable on the whole.