Income Diversification and Rural Consumption—Evidence from Chinese Provincial Panel Data

Income Diversification and Rural Consumption—Evidence from Chinese Provincial Panel Data

In China, income diversification has become a useful method for the rural households to smooth their income and maintain a sustainable mode of consumption. Additionally, income diversification affects rural consumption differently in regions with different income levels. In this paper, I have analyzed the impacts of income diversification on the peasants’ consumption in the Chinese rural areas ...

Dances with Chinese Data: Are the Reform Period Chinese Provincial Panel Data Reliable?

There is a debate over the reliability of the Chinese data (e.g., Young, 2003; Holz, 2003, 2006). In this paper we test the Chinese provincial panel data for the period 1978-2002 against the predictions from the technology diffusion model. We find that the estimated coefficient on initial real GDP per worker is negative and significant, showing strong evidence of conditional convergence; the es...

Income Effect: Evidence from Panel Data

All micro studies of demand are based on using time series cross sectional data. Because in such data each household is only observed once, it is only under strong identifying restrictions that one can interpret the coefficients on consumer behavior. For example, if tastes are correlated with income, the usual estimates of income elasticities from cross sectional data are biased. In contrast, p...

Higher Education, Real Income And Real Investment In The Selected OIC Members: Evidence From ARDL And Panel Data Approaches

Factors Affecting Nonfarm Income Diversification among Rural Farm Households in Central Nepal

Nonfarm activities play an important role in the determination of rural household income, consumption expenditure, and household food security. However, much less studies have been devoted to the factors that influence nonfarm income diversification by farm household in developing countries. Using cross-sectional data and a probit model, this study attempts to determine the factors influencing ...