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02400nmm a2200529 u 4500 |
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EB002097807 |
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EBX01000000000000001237897 |
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00000000000000.0 |
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221013 ||| eng |
| 100 |
1 |
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|a Yao, Yang
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| 245 |
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|a Local Elections And Consumption Insurance
|h Elektronische Ressource
|b Evidence From Chinese Villages
|c Yao, Yang
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| 260 |
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|a Washington, D.C
|b The World Bank
|c 2007
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| 300 |
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|a 28 p.
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| 653 |
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|a Administrative Costs
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| 653 |
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|a Macroeconomics and Economic Growth
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| 653 |
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|a Income
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| 653 |
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|a Financial Intermediation
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| 653 |
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|a Household Income
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| 653 |
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|a Consumption Smoothing
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| 653 |
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|a Currencies and Exchange
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| 653 |
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|a Governance
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| 653 |
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|a Social Protections and Labor
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| 653 |
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|a Rural Development
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| 653 |
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|a Household Consumption
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| 653 |
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|a Consumption Insurance
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| 653 |
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|a E-Government
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| 653 |
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|a Rural Poverty Reduction
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| 653 |
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|a Inequality
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| 653 |
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|a Poverty Reduction
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| 653 |
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|a Services and Transfers to Poor
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| 653 |
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|a Consumption
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| 653 |
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|a Farmers
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| 653 |
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|a Finance and Financial Sector Development
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| 653 |
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|a Household Size
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| 653 |
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|a Economic Theory and Research
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| 653 |
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|a Labor Policies
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| 653 |
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|a Idiosyncratic Shocks
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| 653 |
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|a Household Head
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| 700 |
1 |
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|a Li Gan
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| 700 |
1 |
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|a Lixin Colin Xu
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| 700 |
1 |
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|a Yang Yao
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b WOBA
|a World Bank E-Library Archive
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| 856 |
4 |
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|u http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-4205
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a While the literature on consumption insurance is growing fast, little research has been conducted on how rural consumption insurance is affected by democracy. In this paper the authors examine how consumption insurance of Chinese rural residents is affected if the local leader is democratically elected. Exploring a unique panel data set of 1,400 households from 1987 to 2002, they find that consumption insurance is more complete when the households are in villages with elected village leaders. Furthermore, democracy improves consumption insurance only for the poor and middle-income farmers, but not for the rich. These findings underline the importance of democratic governance for ensuring better rural consumption insurance and poverty reduction
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