Did China’s Rural Appliance Rebate program boost home appliance consumption during the latest recession?
Jianmei Zhao
Journal of Economic Policy Reform, 2015, vol. 18, issue 4, 309-325
Abstract:
This article investigates the effectiveness of China’s “Rural Appliance Rebate” (RAR) program in boosting rural appliance consumption during the latest economic recession. Based on two rounds of rural household survey data in China, we adopt a difference-in-difference matching approach to assess the extent to which these rebates induced greater rural appliance consumption than they otherwise would have. Our analysis finds that the RAR program boosted subsidized home appliance consumption, but its stimulus effects are driven mainly by cell phones, no significant impacts are detected on refrigerators and color TVs, and its impacts on aggregate home appliance consumption are not pronounced on the whole. Our investigation into the heterogeneity of these effects suggests that, for low income households, the RAR program prominently boost their aggregate home appliance consumption.
Date: 2015
References: Add references at CitEc
Citations: View citations in EconPapers (2)
Downloads: (external link)
http://hdl.handle.net/10.1080/17487870.2015.1049268 (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:jecprf:v:18:y:2015:i:4:p:309-325
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/GPRE20
DOI: 10.1080/17487870.2015.1049268
Access Statistics for this article
Journal of Economic Policy Reform is currently edited by Dr Judith Clifton
More articles in Journal of Economic Policy Reform from Taylor and Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().