Local Elections and Consumption Insurance : Evidence from Chinese Villages

Gan, Li; Xu, Lixin Colin; Yao, Yang

doi:10.1596/1813-9450-4205

Publication:
Local Elections and Consumption Insurance : Evidence from Chinese Villages

dc.contributor.author	Gan, Li
dc.contributor.author	Xu, Lixin Colin
dc.contributor.author	Yao, Yang
dc.date.accessioned	2012-06-04T20:58:35Z
dc.date.available	2012-06-04T20:58:35Z
dc.date.issued	2007-04
dc.description.abstract	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.	en
dc.identifier	http://documents.worldbank.org/curated/en/2007/04/7537736/local-elections-consumption-insurance-evidence-chinese-villages
dc.identifier.uri	http://hdl.handle.net/10986/7064
dc.language	English
dc.publisher	World Bank, Washington, DC
dc.relation.ispartofseries	Policy Research Working Paper; No. 4205
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo/
dc.subject	ADMINISTRATIVE COSTS
dc.subject	AGRICULTURE
dc.subject	ANNUAL GROWTH
dc.subject	ANNUAL GROWTH RATE
dc.subject	AVERAGE ANNUAL
dc.subject	AVERAGE INCOME
dc.subject	BUDGET CONSTRAINT
dc.subject	CONSUMPTION GROWTH
dc.subject	CONSUMPTION INSURANCE
dc.subject	CONSUMPTION LEVELS
dc.subject	CONSUMPTION SMOOTHING
dc.subject	CREDIT MARKET
dc.subject	CROSS SECTION UNIT
dc.subject	DATA SET
dc.subject	DECENTRALIZATION
dc.subject	DEMAND FOR CONSUMPTION
dc.subject	DETERMINANTS OF CONSUMPTION
dc.subject	DEVELOPED COUNTRIES
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPMENT ECONOMICS
dc.subject	ECONOMETRICS
dc.subject	ECONOMIC ANALYSIS
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ECONOMIC EFFECTS
dc.subject	ECONOMIC OUTCOMES
dc.subject	ECONOMIC PERSPECTIVES
dc.subject	ECONOMIC REVIEW
dc.subject	EMPIRICAL ISSUE
dc.subject	EMPIRICAL RESULTS
dc.subject	EXPLANATORY POWER
dc.subject	EXPLANATORY VARIABLE
dc.subject	FARMERS
dc.subject	FUNCTIONAL FORM
dc.subject	FUTURE RESEARCH
dc.subject	GDP
dc.subject	GDP PER CAPITA
dc.subject	GOVERNMENT REGULATIONS
dc.subject	GROWTH EQUATION
dc.subject	HOUSEHOLD CHARACTERISTICS
dc.subject	HOUSEHOLD CONSUMPTION
dc.subject	HOUSEHOLD CONTROLS
dc.subject	HOUSEHOLD DATA
dc.subject	HOUSEHOLD HEAD
dc.subject	HOUSEHOLD HEADS
dc.subject	HOUSEHOLD INCOME
dc.subject	HOUSEHOLD MEMBERS
dc.subject	HOUSEHOLD SIZE
dc.subject	HOUSEHOLD SIZES
dc.subject	IDIOSYNCRATIC SHOCKS
dc.subject	IMPLICATIONS FOR CONSUMPTION
dc.subject	INCOME
dc.subject	INCOME GROUPS
dc.subject	INCOME GROWTH
dc.subject	INCOME LEVEL
dc.subject	INCOME SHOCKS
dc.subject	INCOME SMOOTHING
dc.subject	INCOMES
dc.subject	INFORMAL INSURANCE
dc.subject	LEVELS OF CONSUMPTION
dc.subject	MEASUREMENT ERRORS
dc.subject	MEDIAN VOTER
dc.subject	MEDIAN VOTER THEOREM
dc.subject	MEDIAN VOTERS
dc.subject	MIDDLE CLASS
dc.subject	NEGATIVE EXTERNALITY
dc.subject	0 HYPOTHESIS
dc.subject	OPTIMIZATION
dc.subject	POLICY IMPLICATIONS
dc.subject	POLICY RESEARCH
dc.subject	POLITICAL ECONOMY
dc.subject	POOR
dc.subject	POOR FARMERS
dc.subject	POSITIVE EFFECT
dc.subject	POVERTY REDUCTION
dc.subject	PUBLIC CHOICE
dc.subject	PUBLIC ECONOMICS
dc.subject	PUBLIC EXPENDITURE
dc.subject	PUBLIC EXPENDITURES
dc.subject	PUBLIC GOODS
dc.subject	REDUCING POVERTY
dc.subject	REDUCTION IN CONSUMPTION
dc.subject	RISK AVERSION
dc.subject	RISK SHARING
dc.subject	RURAL
dc.subject	RURAL AREAS
dc.subject	RURAL CREDIT
dc.subject	RURAL ECONOMY
dc.subject	RURAL HOUSEHOLD
dc.subject	RURAL HOUSEHOLDS
dc.subject	RURAL RESIDENTS
dc.subject	SAVINGS
dc.subject	SIGNIFICANCE LEVEL
dc.subject	TAXATION
dc.subject	TOTAL INCOME
dc.subject	UTILITY FUNCTION
dc.subject	VILLAGE LEADERS
dc.subject	WEALTH
dc.title	Local Elections and Consumption Insurance : Evidence from Chinese Villages	en
dspace.entity.type	Publication
okr.doctype	Publications & Research :: Policy Research Working Paper
okr.doctype	Publications & Research
okr.docurl	http://documents.worldbank.org/curated/en/2007/04/7537736/local-elections-consumption-insurance-evidence-chinese-villages
okr.globalpractice	Macroeconomics and Fiscal Management
okr.globalpractice	Poverty
okr.identifier.doi	10.1596/1813-9450-4205
okr.identifier.externaldocumentum	000016406_20070413150208
okr.identifier.internaldocumentum	7537736
okr.identifier.report	WPS4205
okr.language.supported	en
okr.pdfurl	http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2007/04/13/000016406_20070413150208/Rendered/PDF/wps4205.pdf	en
okr.region.administrative	East Asia and Pacific
okr.region.country	China
okr.topic	Macroeconomics and Economic Growth :: Consumption
okr.topic	Services and Transfers to Poor
okr.topic	Poverty Reduction :: Inequality
okr.topic	Poverty Reduction :: Rural Poverty Reduction
okr.topic	Economic Theory and Research
okr.unit	Development Research Group (DECRG)
okr.volume	1 of 1
relation.isSeriesOfPublication	26e071dc-b0bf-409c-b982-df2970295c87