Global S&T Development Trend Analysis Platform of Resources and Environment
Why Do Migrant Households Consume So Little? | |
[unavailable] | |
2017-04-24 | |
出版年 | 2017 |
语种 | 英语 |
国家 | 国际 |
领域 | 气候变化 |
英文摘要 |
![]() Since migrant workers make up more and more of the urban labor force in the People’s Republic of China, what they spend on consumption has become an important part of the economy. Exploring data from the urban and migrant household surveys of the Chinese Household Income Project (CHIP), we dissect the underlying causes of the depressing effect of the hukou system on migrant household consumption into two channels. On the one hand, the disentitlement to local urban hukou promotes temporary migration and incentivizes migrant households to save their transitory income. On the other hand, it creates financial insecurity through barriers to employment, social welfare, and medical insurance, etc., thereby encouraging precautionary saving. Factors reflecting these considerations, such as medical and pension insurance, the duration of migration, and local homeownership, are specifically modeled, and are found to contribute to the discrepancies in consumption between migrant and local urban households, among other factors. In addition, the marginal propensity to consume exhibits heterogeneity across households; it is higher with a longer duration of migration, local homeownership, and self-employment. The lack of these attributes further reinforces the reluctance of migrant households to consume. WORKING PAPER NO: 727 |
URL | 查看原文 |
来源平台 | Asian Development Bank |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/234000 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | [unavailable]. Why Do Migrant Households Consume So Little?,2017. |
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文件名称/大小 | 文献类型 | 版本类型 | 开放类型 | 使用许可 | ||
adbi-wp727.pdf(463KB) | 科技报告 | 开放获取 | CC BY-NC-SA | 浏览 下载 |
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