Is life more risky in the open? Household risk-coping and the opening of China's labor markets

成果类型:
Article
署名作者:
Giles, John
署名单位:
Michigan State University
刊物名称:
JOURNAL OF DEVELOPMENT ECONOMICS
ISSN/ISSBN:
0304-3878
DOI:
10.1016/j.jdeveco.2005.04.006
发表日期:
2006
页码:
25-60
关键词:
Labor markets migration RISK insurance rural china
摘要:
This paper uses a unique panel of data from rural China to analyze the impact of expanding connections to off-farm labor markets on the income and consumption of farm households. With stronger village ties to both migrant and local off-farm labor markets, households in previously autarkic village communities experience reduced exposure to shocks affecting agricultural production. The analyses presented in this paper control for the persistent effect of past shocks influencing income and consumption, household attrition potentially correlated with shocks, and endogeneity of household demographic composition, land holdings and village network connections to migrant and local labor markets. (c) 2005 Elsevier B.V. All rights reserved.