I Fiance Apicultural
I Fiance Apicultural
I Fiance Apicultural
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109<br />
Table 52-Estimated multivariate models of supp!y of rural<br />
saving in the Republic of Korea<br />
Republic of Korea<br />
(llyun, Adams, and<br />
Ilushak 1979) Republic of Korea<br />
Rural<br />
(Yuuf and Peters 1984)<br />
Household Rural Gross Gross<br />
Variable<br />
Consumption<br />
per Capita<br />
Hlousehold<br />
Consumption<br />
National<br />
Savings<br />
Domestic<br />
Savings<br />
Pcrnalnct income 0.9t; I. 1 ...<br />
(8.3)*[l] (5.7)*[I1]<br />
"ransiors income 0.23 -0.01<br />
(0.1)I71 (-0.1)[7]<br />
iowtlh nite in ival(;NI',/G ... . .. 1.00 1.71<br />
(3.-1)*(21 (6. 9)*[2]<br />
lo : :I[( ... ... 1.07 .12<br />
(2.-1)*[-1 (3.8)-131<br />
Real te of interest ... ... 1.16<br />
(2.9) *1301<br />
0.50<br />
(50.6)*111<br />
.evel of real CNl)/GDP ... ... 1.56 1.87<br />
Ititera(li of l)(lillll I<br />
(2..1 )*[1) (50.6)*[ I]<br />
incone with cultivated<br />
land<br />
-020<br />
(-1.20)1-I1<br />
-0.17<br />
(-0.6)[61<br />
......<br />
litel actiolt (f I)elnltaileltt<br />
itomie with ;ilt of 0.02 0.051 ......<br />
Iclut n to capital (0.6)151 (1.5)[2I<br />
litla titmtl of pv] Inallent<br />
iltoltict with s(tce of, -0.3,1 -0.36 ...<br />
lml' actiotn of peil IIAlle-111<br />
iltwotle with taloe of -0.0007 -0.0005 ......<br />
liquid arsets (- 1.3)[t (-1.3)[3]<br />
Itelactiont of pelIllel<br />
t(oin te with depelpelency -0.05 0.13 ...<br />
ratio illtilefamily (-1A)12I (1.0)(5]<br />
R2 0.92 0.93 0.98 0.99<br />
Number of olsevaiotns 131 131 18 18<br />
Notes: Iigtiues in jiatentltcses ate t-vahtes, and the figores int brackets are tank based on<br />
ittagnitudt of1tiC.i-vaie (ignoling signs).<br />
*Signiiicnt t al I 1ei (enit.<br />
illattel<br />
what ih(Ciicoln(c ,vel of Ilhe coliliy. Tle saiiE is trite foi" the<br />
Utnite( States.<br />
Aiiioig tile fotir sttices on nrirl savilig, B. M. I)esai's 1975 stildy of<br />
all Indian district ireveals that fahnily size is tieltilOS iiiiportall dceternliialt,<br />
followed by lagged 'iiri ilCotlic, tlhin itlteraclioti of tile expectedi<br />
rate of retlrn a( iliconc, wealth (.tploxy for initial endow