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Theoretical and Applied Economics
No. 2 / 2015 (603), Summer

Determinants of savings in the APEC countries

Kivanç Halil ARIÇ
Cumhuriyet University, Turkey

Abstract. The determinants of savings is the subject which is studied frequently in economic literature. Because that the saving conditions are contribute to the economic growth. This study examines the determinants of savings in the APEC countries. Panel data analysis was used for sixteen APEC member countries during the period of 2000-2013. According the analysis results that income, age dependency ratio, young population, rural population and urban population affect on savings positively. Financial depth affects on savings negatively. Inflation and old population have no significant effect on savings in APEC countries.

Keywords: APEC, saving, life-cycle hypothesis, panel data.

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The Economicity. The Epistemic Landscape, Marin Dinu, 2016

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