Arbeitspapier

Externalities in rural development: Evidence for China

The paper tests for external effects of local economic activity on consumption and income growth at the farm household level using panel data from four provinces of post-reform rural China. The tests allow for nonstationary fixed effects in the consumption growth process. Evidence is found of geographic externalities, stemming from spillover effects of the level and composition of local economic activity and private returns to local human and physical infrastructure endowments. The results suggest an explanation for rural underdevelopment arising from underinvestment in certain externality-generating activities, of which agricultural development emerges as the most important.

Sprache
Englisch

Erschienen in
Series: WIDER Discussion Paper ; No. 2003/54

Klassifikation
Wirtschaft
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
Thema
consumption growth
income growth
externalities
panel data
rural China
Ländlicher Raum
Privater Haushalt
Konsum
Agrareinkommen
China

Ereignis
Geistige Schöpfung
(wer)
Ravallion, Martin
Ereignis
Veröffentlichung
(wer)
The United Nations University World Institute for Development Economics Research (UNU-WIDER)
(wo)
Helsinki
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Ravallion, Martin
  • The United Nations University World Institute for Development Economics Research (UNU-WIDER)

Entstanden

  • 2003

Ähnliche Objekte (12)