A Study Of The Influence On Household Savings Of The Population Age Structure And Sex Ratio In China

With the development of China’s economy and people income growing, the household savings in China showed a high level, and came to a rising trend in recent years. The high household savings is a rapier on one hand the high household savings provides adequate funding for investment,on the other hand, the high savings also shows the economic problems of China which is the low consumption level and the lack of effective demand.Low levels of consumption may lead to the overstock of the production, and the profit of the companies is affected, so enterprises would not like to increase investment to expand production, and it1will affect our effort to the sustained and rapid economic development. According to the general factors influencing savings and Chinese specific conditions, the theory put forward China’s high household savings of many possible causes, and carry out empirical analysis, proved the influence degree of every factor. Through the summary of previous researches, the research may put the point on the residents’income level, institutional factors and the gap between urban and rural areas, for the study of population structure and the sex ratio in China’s household savings is less.In this paper, firstly, we reviewed the overall situation of China’s household savings a, and summarized the characteristics of the residents’savings in China, then the status of factors age factors in China’s population structure and population sex ratio are summarized, and we pointed out the characteristics of the age structure of China’s population structure and sex ratio in recent years the. And we explore the population structure effected on the savings through the labor supply, social spending and consumer savings ratio changes, and explored gender proportion through the marriage market competition and marriage payment cost impact on residents’savings, so it made the theoretical basis for the empirical research in the next chapter. In this paper, we made the panel regression through the Chinese31provinces in2003-2010year the sample data, It provided empirical evidence for China’s population structure of age structure and sex ratio of influence residents’savings.We use the panel data to analyze the data. The result is that our juvenile population proportion and elder population proportion have a negative correlation with the household savings. The proportion of young people in China and the residents’savings presented negative correlation. The proportion of the elderly population has positive correlation with household savings, sex ratios are positively related with savings showing relationship, The factor of the elderly population on household savings is significant, the factor of the juvenile population on household savings follows. The influence of gender on household savings is minimum. In this paper, through research we can find that the change of the Chinese population structure affects the residents savings level, and the long period at a high level of savings is not conducive to China’s economic development, we can make some measures to solve such as the investment mechanism, establish a diversified improving consumption situation, actively develop the elderly consumer market, changing people’s traditional ideas to promote gender balance and control of real estate the market of the housing prices tend to a reasonable level, improve the social security system.