文章基本信息
- 标题：Dependency Rate and Savings: The African Evidence with Panel Data
- 本地全文：下载
- 作者：Nicholas Apergis ; Christina Christou
- 期刊名称：International Journal of Business and Management
- 印刷版ISSN：1833-3850
- 电子版ISSN：1833-8119
- 出版年度：2012
- 卷号：7
- 期号：4
- 页码：84
- DOI：10.5539/ijbm.v7n4p84
- 出版社：Canadian Center of Science and Education
- 摘要：
This study examines the impact of the age dependency ratio on domestic savings rates. We test this issue for 16
African countries using annual panel data. The empirical analysis was conducted using the panel unit roots, panel
cointegration and panel causality tests. The empirical findings indicate evidence of panel cointegration.
Furthermore, results from panel causality analysis reveal that dependency ratio causes savings rate negatively.
Overall, our findings support the view that changes in non-working population size are important in explaining
the future path of domestic savings rates in Africa.
