An Empirical Analysis Of The Factors Affecting The Resident Rate Of Residents In China

In our country’s economic construction,residents’ savings are one of the important parts,we can refer to the residents of the savings rate in a timely manner to find Chinese economic development process in the existence of a series of problems,Which is of great significance to promote the virtuous circle and balances the development of our national economy.With China’s reform and opening up,the residents of the savings has remained at double-digit growth rate of growth,in addition,in recent years,China’s high savings rate of this phenomenon has been widely concerned by domestic and foreign scholars.More and more scholars at home and abroad have studied the savings rate of our country,and are fully aware of the existence of a variety of factors on the impact of Chinese household savings rate.From the existing research results,the impact of Chinese residents of the savings rate of the main factors are the following aspects:interest rate level,savings habit,income distribution system,economic growth,inflation rate.Since residents’ own behavior is a more complex process,many factors will affect this process more or less.In this paper,six important factors influencing the savings rate of our residents are selected for empirical analysis,and the regression model is established.Based on the results,some changes are made to the variables in the model.Finally,combined with China’s actual situation,we give some suggestions for Chinese high savings rate.First,we collected data from 1990 to 2016,established a multiple linear regression model for household savings rates,and used the Eviews software to find the overall significance of the model by a series of tests of the various variables.By the continuous correction of the model,we ultimately come to our own conclusions.This paper analyzes the economic implications of the model,and obtains the main factors that affect the savings rate,and gives its own suggestions according to the basic situation of our country and the current situation of the residents’ savings.Finally,from the perspective of the whole society,and for today’s savings rate on the existence of many problems,we give a series of recommendations.