The national saving rate, S/Y, is equal to 1 minus the government share.

Name: The national saving rate, S/Y, is equal to 1 minus the government share.
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The national saving rate, S/Y, is equal to the sum of private saving (S) and public saving (T-G)/Y, where T is total tax revenue and G is government purchases of goods and services. Therefore, the government share is (T-G)/Y, and the national saving rate is S/Y + (T-G)/Y, or (S+T-G)/Y.

The National Saving Rate, S/Y, Is Equal to 1 Minus