Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/50600 
Erscheinungsjahr: 
2009
Schriftenreihe/Nr.: 
Department of Economics Discussion Paper No. 09,07
Verlag: 
University of Kent, Department of Economics, Canterbury
Zusammenfassung: 
We focus on the impact of migrants' remittances on consumption patterns in rural China, allowing for endogeneity of remittances and county fixed-effects. We find that the marginal propensity to consume out of remittances is close to unity, which is far greater than that out of non-migrant earnings or farm income. These findings imply that rural households take remittances as permanent income and are consistent with the prevalence of circular and repeat migration which is largely caused by the combination of the restrictive hukou (household registration) system and the rigid land tenure system in China.
Schlagwörter: 
rural-urban migration
remittances
consumption patterns
fixed-effect instrumental-variables estimation
JEL: 
D12
D13
J61
R23
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
598.59 kB





Publikationen in EconStor sind urheberrechtlich geschützt.