EconStor >
University of Kent >
School of Economics, University of Kent >
School of Economics Discussion Papers, University of Kent >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/50602
  
Title:Do migrants really save more? Understanding the impact of remittances on savings in rural China PDF Logo
Authors:Zhu, Yu
Wu, Zhongmin
Wang, Meiyan
Du, Yang
Cai, Fang
Issue Date:2009
Series/Report no.:School of Economics discussion papers 09,23
Abstract:This paper studies the impact of remittances on the savings behaviour of rural households in China, using a cross-sectional survey. Allowing for endogeneity and left-censoring of remittances, we find that the marginal propensity to save out of remittances is well below half of that out of other sources of incomes. Moreover, we find no evidence of any direct effect of remittances on either capital input or gross output of farm production. These findings are in line with recent studies which conclude that remittances are largely used for consumption purposes by rural Chinese households and there is no link between migration and productive investment.
Subjects:rural-urban migration
remittances
savings
instrumental-variables estimation
quantile regression
JEL:D12
O15
R23
Document Type:Working Paper
Appears in Collections:School of Economics Discussion Papers, University of Kent

Files in This Item:
File Description SizeFormat
61423249X.pdf280.41 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/50602

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.