| Author(s) | Said Hallaq |
| Affiliation | Associate Professor, Department of Economics, Yarmouk University Irbid, Jordan |
| Title | Determinants of Private Savings: The Case of Jordan (1976-2000) |
| Source | Journal of King Saud University. Administrative Sciences. Volume 15, No 2. (2003/1423) |
| Abstract | Abstract. This study aims at analyzing and examining the determinants of private savings in Jordan during 1976-2000; the main results are as follows: The size of effect of the dependency ratio on private savings is found out negative and significant, government savings depress private savings in less than one-to-one fashion, though, growth influences private savings throughout two channels the direct positive association between GDP growth rate and private savings, and the significant positive effect of the level of GDP per capita income. The development of Jordan consumer’s credit market has a positive effect on private savings, wehere as, the ratio of social security and welfare public expenditures to total public expenditures has a positive and significant impact on the level of private savings, and finally, the real interest rate, inflation rate, and terms of trade have insignificant impact on the level of private saving in Jordan. |
