Determinants of Personal Savings in Ghana: A Case of the Cape Coast Metropolis
作者: Emmanuel Aidoo
刊名: Journal of Economics and Sustainable Development, 2015
来源数据库: International Institute of Science, Technology and Education
原始语种摘要: The critical role personal savings play in the development of any economy cannot be underestimated. Unfortunately, personal savings which forms the fundamentals of national savings has been particularly low in Ghana. The objective of the study was therefore to investigate the factors that determine personal savings in Ghana. A cross sectional data from 250 individual household members in the Cape Coast Metropolis in the Central Region of Ghana was collected and analysed using econometric techniques. The estimation technique used was the instrumental variable (IV) method. The result of the study showed a significant positive relationship between personal savings and disposable income; personal savings and financial literacy; and personal savings and marital status. A statistically...

  • 变量 
  • savings 储蓄
  • income 收入
  • indebtedness 负债
  • personal 个人
  • financial 财政的
  • assets 财产
  • expenses 经费
  • borrowing 借款
  • household 
  • variable