储蓄率增加会如何影响产量增长

The steady-state level of capital, and thus the steady-state level of output, depend positively on the saving rate. A higher saving rate leads to a higher steady-state level of output; during the economy’s transition to the new steady-state, a higher saving rate leads to positive output growth. But(again ignoring technological progress) in the long run, the growth rate of outputs equal to zero, and is thus independent of the saving rate.

资本的稳态，和产量的稳态实际上依赖于储蓄率。较高的储蓄率会导致产量达到一个较高的稳态；当经济转变为一个新的稳态时，较高的储蓄水平会引起产量的实际增长。但是（再忽略技术进步）从长期来看，产量的增长率等于零，因此与储蓄率无关。

An increase in the saving rate requires an initial decrease in consumption. In the long run, the increase in the saving rate may lead to an increase or a decrease in consumption. The long-run outcome depends on whether the economy is below or above the golden rule of capital, the level of capital at which long run consumption is maximized.

储蓄率的提高需要消费最初的减少。从长期来看，储蓄率的提高可能导致消费量的增加或者减少。这种长期的结果则取决于经济是否高于或者低于资本的资