G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16654
DP16654 Growing Apart: Declining Within- and Across-Locality Insurance in Rural China
Orazio Attanasio; Costas Meghir; Corina Mommaerts; Yu Zheng
发表日期2021-10-21
出版年2021
语种英语
摘要We consider risk sharing in rural China during rapid economic transformation from the late 1980s through the late 2000s. We document an erosion of consumption insurance against both household-level idiosyncratic and village-level aggregate income shocks, and show that this decline is related to observable economic changes: the shift from agriculture to wage employment, the decline of publicly owned Township-and-Village Enterprises, and increased migrant work. Further evidence suggests that as these changes took place at the village level, higher levels of government failed to offset these effects through the tax-and-transfer system, leaving households more exposed to both idiosyncratic and village-aggregate shocks.
主题Development Economics ; Macroeconomics and Growth ; Public Economics
关键词Consumption insurance Risk-sharing Rural china
URLhttps://cepr.org/publications/dp16654
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545593
推荐引用方式
GB/T 7714
Orazio Attanasio,Costas Meghir,Corina Mommaerts,et al. DP16654 Growing Apart: Declining Within- and Across-Locality Insurance in Rural China. 2021.
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