Regional differences in personal saving rates in Spain

Marchante, Andrés J.; Ortega, Bienvenido; Vilches, Francisco Javier Trujillo

doi:10.1007/pl00013633

Cited by 7 publications

(2 citation statements)

References 30 publications

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“…When the proportion of the elderly increases, the overall national saving rate will decline, i.e. the population ageing has a negative effect on the overall local national saving rate [10][11][12], and such a negative effect commonly is called as the 'Burden Effect' of ageing [13]. However, the empirical study on whether the 'burden effect' of ageing does exist bears a certain degree of controversy: when the samples chosen by the empirical study are different, especially when the chosen regions are different, the empirical conclusions will vary; when the empirical sample is the region of a comparatively backward economic development, the empirical research result commonly will support the existence of the 'burden effect' [14][15][16]; when the study sample is the region with a developed economy, the empirical research result commonly will query the existence of the 'burden effect' [17][18][19].…”

Section: The Ageing Results In the Growth Of Consumersmentioning

confidence: 99%

The nonlinear effects of ageing on national savings rate – An Empirical Study based on threshold model

Xue

2022

Applied Mathematics and Nonlinear Sciences

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Researching the past empirical studies, we find that the empirical results of using data from the same or similar stages of economic development tend to be very close; however, there will be some discrepancies when comparing the empirical results of data samples at different stages of development. In order to explain this phenomenon, a theoretical analysis is made on the regional differences in the impact of population ageing on national saving. By analysing the areas considered in this paper as being in different stages of economic development, the combined effects of population ageing on the national saving rate are different. In order to verify the above conclusions, the thresholds and threshold effects are estimated and tested through the threshold model. The results show that the impact of population ageing on the savings rate will be different due to different levels of economic development. When per capita income is below the threshold of 9001.69, population ageing has a greater negative impact on the national savings rate. When per capita income is above the threshold of 9001.69, the negative impact of population ageing on the national saving rate is smaller.

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Section: The Ageing Results In the Growth Of Consumersmentioning

confidence: 99%

The nonlinear effects of ageing on national savings rate – An Empirical Study based on threshold model

Xue

2022

Applied Mathematics and Nonlinear Sciences

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“…At this point it is necessary to indicate that due to the possible incidence of spatial factors in the designed model, a spatial econometric analysis was made following the guidelines established, among others, by Anselin (2002) and Basu & Thibodeau (1998) and by some studies dealing with the Spanish economy, such as the study by Marchante et al (2001). Thus, SPACESTAT software was used to verify the existence of spatial autocorrelation and/or spatial heterogeneity.…”

Section: A García Pozomentioning

confidence: 99%

A Nested Housing Market Structure: Additional Evidence

García-Pozo

2009

Housing Studies

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This paper analyses the housing market and its structure in Málaga, a medium-size European city, which has become one of the main Spanish tourist destinations and thus one of the most active housing markets in Spain. This has led to coastal land being misused to the extent that it has almost been used up. First, the market as a whole is studied using the hedonic methodology. Then a method is presented which segments the market into sub-markets, following an ad hoc design based on two criteria: structural (vertical and horizontal dwellings) and location (proximity to the coast). The results show that this segmentation method is efficient, demonstrating implicit attribute prices as well as final house prices which are statistically different from each other, above all when dwellings are next to the coast and between those further away. Finally, some implications for urban policy are drawn.

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Is There Evidence of Loss Aversion in Saving Behaviors in Spain?

Fisher

2012

J Fam Econ Iss

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Regional differences in personal saving rates in Spain

Cited by 7 publications

References 30 publications

The nonlinear effects of ageing on national savings rate – An Empirical Study based on threshold model

The nonlinear effects of ageing on national savings rate – An Empirical Study based on threshold model

A Nested Housing Market Structure: Additional Evidence

Is There Evidence of Loss Aversion in Saving Behaviors in Spain?

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