The Impact of the Global Financial Crisis on Off-farm Employment and Earnings in Rural China

Jikun Huang, Huayong Zhi, Zhurong Huang, Scott Rozelle and John Giles

World Development, 2011, vol. 39, issue 5, 797-807

Abstract: Summary This paper examines the effect of the financial crisis on off-farm employment of China's rural labor force. Using a national representative dataset, we find that there was a large impact. By April 2009 off-farm employment reached 6.8% of the rural labor force. Monthly earnings also declined. However, while we estimate that 49 million were laid-off between October 2008 and April 2009, half of them were re-hired in off-farm work by April 2009. By August 2009, less than 2% of the rural labor force was unemployed due to the crisis. The robust recovery appears to have helped avoid instability.

Keywords: global; financial; crisis; off-farm; employment; earning; rural; China; Asia (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (27)

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Working Paper: The impact of the global financial crisis on off-farm employment and earnings in rural China (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:39:y:2011:i:5:p:797-807

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