The Impact of Positive Agricultural Income Shocks on Rural Chinese Households
In the post-collectivization period, rural Chinese households were required to sell part of their grain output to the state at a below-market price; however, increases in this quota price beginning in 1993 generated substantial positive income shoc...
| Main Author: | |
|---|---|
| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/354741525872755426/The-impact-of-positive-agricultural-income-shocks-on-rural-Chinese-households http://hdl.handle.net/10986/29840 |
| id |
okr-10986-29840 |
|---|---|
| recordtype |
oai_dc |
| spelling |
okr-10986-298402021-08-06T21:10:09Z The Impact of Positive Agricultural Income Shocks on Rural Chinese Households Leight, Jessica AGRICULTURAL INVESTMENT INTERNAL MIGRATION HOUSEHOLD WELFARE DIVERSIFICATION RICE CULTIVATION INCOME SHOCK INVESTMENT SMALL AND MEDIUM-SIZED ENTERPRISES MICROENTERPRISES RURAL LABOR PRICES In the post-collectivization period, rural Chinese households were required to sell part of their grain output to the state at a below-market price; however, increases in this quota price beginning in 1993 generated substantial positive income shocks. These income shocks also varied cross-sectionally in accordance with crop composition given that quotas were systematically larger for rice-producing households, generating a quasi-random source of variation in the size of the shock driven by climatic variation in suitability for rice cultivation. Households induced to experience relatively larger income shocks show evidence of decreased agricultural investment, increased investment in non-agricultural businesses, and increased migration as households gain increased income, consistent with the hypothesis that credit constraints may have constrained some households from entering non-agricultural production ex ante. In addition, there is evidence that these households were concentrated among households who had not previously diversified out of agriculture. 2018-05-16T19:46:32Z 2018-05-16T19:46:32Z 2018-05 Working Paper http://documents.worldbank.org/curated/en/354741525872755426/The-impact-of-positive-agricultural-income-shocks-on-rural-Chinese-households http://hdl.handle.net/10986/29840 English Policy Research Working Paper;No. 8434 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper East Asia and Pacific China |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AGRICULTURAL INVESTMENT INTERNAL MIGRATION HOUSEHOLD WELFARE DIVERSIFICATION RICE CULTIVATION INCOME SHOCK INVESTMENT SMALL AND MEDIUM-SIZED ENTERPRISES MICROENTERPRISES RURAL LABOR PRICES |
| spellingShingle |
AGRICULTURAL INVESTMENT INTERNAL MIGRATION HOUSEHOLD WELFARE DIVERSIFICATION RICE CULTIVATION INCOME SHOCK INVESTMENT SMALL AND MEDIUM-SIZED ENTERPRISES MICROENTERPRISES RURAL LABOR PRICES Leight, Jessica The Impact of Positive Agricultural Income Shocks on Rural Chinese Households |
| geographic_facet |
East Asia and Pacific China |
| relation |
Policy Research Working Paper;No. 8434 |
| description |
In the post-collectivization period,
rural Chinese households were required to sell part of their
grain output to the state at a below-market price; however,
increases in this quota price beginning in 1993 generated
substantial positive income shocks. These income shocks also
varied cross-sectionally in accordance with crop composition
given that quotas were systematically larger for
rice-producing households, generating a quasi-random source
of variation in the size of the shock driven by climatic
variation in suitability for rice cultivation. Households
induced to experience relatively larger income shocks show
evidence of decreased agricultural investment, increased
investment in non-agricultural businesses, and increased
migration as households gain increased income, consistent
with the hypothesis that credit constraints may have
constrained some households from entering non-agricultural
production ex ante. In addition, there is evidence that
these households were concentrated among households who had
not previously diversified out of agriculture. |
| format |
Working Paper |
| author |
Leight, Jessica |
| author_facet |
Leight, Jessica |
| author_sort |
Leight, Jessica |
| title |
The Impact of Positive Agricultural Income Shocks on Rural Chinese Households |
| title_short |
The Impact of Positive Agricultural Income Shocks on Rural Chinese Households |
| title_full |
The Impact of Positive Agricultural Income Shocks on Rural Chinese Households |
| title_fullStr |
The Impact of Positive Agricultural Income Shocks on Rural Chinese Households |
| title_full_unstemmed |
The Impact of Positive Agricultural Income Shocks on Rural Chinese Households |
| title_sort |
impact of positive agricultural income shocks on rural chinese households |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018 |
| url |
http://documents.worldbank.org/curated/en/354741525872755426/The-impact-of-positive-agricultural-income-shocks-on-rural-Chinese-households http://hdl.handle.net/10986/29840 |
| _version_ |
1764470522840612864 |