Econometric analysis of credit constraints of chinese rural households and welfare loss
Rui Li and
Zhu Xi
Applied Economics, 2010, vol. 42, issue 13, 1615-1625
Abstract:
Using recent survey data of Chinese rural households, we estimate the impact of credit constraints on Chinese rural households' income and consumption. Results reveal that 71% of rural households are rationed in the credit markets. The credit constraints have significant negative effects on the income and consumption of rural households. The expenditures on education and medical treatments, the size of land holdings, household head education and the balance of financial capital all affect the demand of credit. Personal connections (relationship) are the most important determinate of the supply for credit.
Date: 2010
References: View complete reference list from CitEc
Citations: View citations in EconPapers (13)
Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00036840701721604 (text/html)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:applec:v:42:y:2010:i:13:p:1615-1625
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/RAEC20
DOI: 10.1080/00036840701721604
Access Statistics for this article
Applied Economics is currently edited by Anita Phillips
More articles in Applied Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().