Local Elections and Consumption Insurance : Evidence from Chinese Villages

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dc.creatorGan, Li
dc.creatorXu, Lixin Colin
dc.creatorYao, Yang
dc.date2012-06-04T20:58:35Z
dc.date2012-06-04T20:58:35Z
dc.date2007-04
dc.date.accessioned2026-07-01T01:24:38Z
dc.descriptionWhile 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.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2007/04/7537736/local-elections-consumption-insurance-evidence-chinese-villages
dc.identifierhttps://hdl.handle.net/10986/7064
dc.identifierhttps://doi.org/10.1596/1813-9450-4205
dc.identifier.urihttp://hdl.handle.net/123456789/417838
dc.languageEnglish
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper; No. 4205
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectADMINISTRATIVE COSTS
dc.subjectAGRICULTURE
dc.subjectANNUAL GROWTH
dc.subjectANNUAL GROWTH RATE
dc.subjectAVERAGE ANNUAL
dc.subjectAVERAGE INCOME
dc.subjectBUDGET CONSTRAINT
dc.subjectCONSUMPTION GROWTH
dc.subjectCONSUMPTION INSURANCE
dc.subjectCONSUMPTION LEVELS
dc.subjectCONSUMPTION SMOOTHING
dc.subjectCREDIT MARKET
dc.subjectCROSS SECTION UNIT
dc.subjectDATA SET
dc.subjectDECENTRALIZATION
dc.subjectDEMAND FOR CONSUMPTION
dc.subjectDETERMINANTS OF CONSUMPTION
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectECONOMETRICS
dc.subjectECONOMIC ANALYSIS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC EFFECTS
dc.subjectECONOMIC OUTCOMES
dc.subjectECONOMIC PERSPECTIVES
dc.subjectECONOMIC REVIEW
dc.subjectEMPIRICAL ISSUE
dc.subjectEMPIRICAL RESULTS
dc.subjectEXPLANATORY POWER
dc.subjectEXPLANATORY VARIABLE
dc.subjectFARMERS
dc.subjectFUNCTIONAL FORM
dc.subjectFUTURE RESEARCH
dc.subjectGDP
dc.subjectGDP PER CAPITA
dc.subjectGOVERNMENT REGULATIONS
dc.subjectGROWTH EQUATION
dc.subjectHOUSEHOLD CHARACTERISTICS
dc.subjectHOUSEHOLD CONSUMPTION
dc.subjectHOUSEHOLD CONTROLS
dc.subjectHOUSEHOLD DATA
dc.subjectHOUSEHOLD HEAD
dc.subjectHOUSEHOLD HEADS
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD MEMBERS
dc.subjectHOUSEHOLD SIZE
dc.subjectHOUSEHOLD SIZES
dc.subjectIDIOSYNCRATIC SHOCKS
dc.subjectIMPLICATIONS FOR CONSUMPTION
dc.subjectINCOME
dc.subjectINCOME GROUPS
dc.subjectINCOME GROWTH
dc.subjectINCOME LEVEL
dc.subjectINCOME SHOCKS
dc.subjectINCOME SMOOTHING
dc.subjectINCOMES
dc.subjectINFORMAL INSURANCE
dc.subjectLEVELS OF CONSUMPTION
dc.subjectMEASUREMENT ERRORS
dc.subjectMEDIAN VOTER
dc.subjectMEDIAN VOTER THEOREM
dc.subjectMEDIAN VOTERS
dc.subjectMIDDLE CLASS
dc.subjectNEGATIVE EXTERNALITY
dc.subject0 HYPOTHESIS
dc.subjectOPTIMIZATION
dc.subjectPOLICY IMPLICATIONS
dc.subjectPOLICY RESEARCH
dc.subjectPOLITICAL ECONOMY
dc.subjectPOOR
dc.subjectPOOR FARMERS
dc.subjectPOSITIVE EFFECT
dc.subjectPOVERTY REDUCTION
dc.subjectPUBLIC CHOICE
dc.subjectPUBLIC ECONOMICS
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURES
dc.subjectPUBLIC GOODS
dc.subjectREDUCING POVERTY
dc.subjectREDUCTION IN CONSUMPTION
dc.subjectRISK AVERSION
dc.subjectRISK SHARING
dc.subjectRURAL
dc.subjectRURAL AREAS
dc.subjectRURAL CREDIT
dc.subjectRURAL ECONOMY
dc.subjectRURAL HOUSEHOLD
dc.subjectRURAL HOUSEHOLDS
dc.subjectRURAL RESIDENTS
dc.subjectSAVINGS
dc.subjectSIGNIFICANCE LEVEL
dc.subjectTAXATION
dc.subjectTOTAL INCOME
dc.subjectUTILITY FUNCTION
dc.subjectVILLAGE LEADERS
dc.subjectWEALTH
dc.titleLocal Elections and Consumption Insurance : Evidence from Chinese Villages

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