中国城乡居民预防性储蓄动机强度的比较研究——基于面板数据的实证分析

Comparative Research on Strength of Precautionary Saving Motive of China's Urban and Rural Residents——Case Analysis Based on Panel Data

对居民预防性储蓄动机强度的研究可为经济政策的制定提供依据。基于欧拉方程,建立了储蓄谨慎系数测定模型,利用1999年以来中国31个省、自治区和直辖市的面板数据对中国城乡居民储蓄谨慎系数进行了对比实证。检验结果表明中国农村居民预防性储蓄动机强度远远高于城镇居民。最后从城乡居民收入结构和社会保障体系等方面对检验结果进行了解释,并提出了相应政策建议。

Research on the strength of saving motive can be helpful for economic policy making.Based on the theory of LC-PIH,this paper establishes a model to estimate saving prudential index with a panel of 31 provincial administrative areas of China.The result shows that the strength of rural residents＇ precautionary saving motive is much stronger than that of urban residents.Finally,explanations and policy suggestions are given in terms of income structure and social security system.