| ID | 123334 |
| Title Proper | Credit rationing of Chinese rural households and its welfare loss |
| Other Title Information | an investigation based on panel data |
| Language | ENG |
| Author | Rui Li ; Qinghai Li ; Huang, Shaoan ; Zhu, Xi |
| Publication | 2013. |
| Summary / Abstract (Note) | We examined the impact of credit rationing on the net income and consumption of Chinese rural households by studying survey panel data from 1000 Chinese rural households from 2003 to 2009. Our results revealed that 61.5% of Chinese rural households were rationed in the credit market; 52.0% were completely rationed and 9.5% were partially rationed. Furthermore, this credit rationing caused a 15.7% loss in net income and an 18.2% loss in consumption expenditure for these rural households in China. |
| `In' analytical Note | China Economic Review Vol. 26; Sep 2013: p.17-27 |
| Journal Source | China Economic Review Vol. 26; Sep 2013: p.17-27 |
| Key Words | Credit Rationing ; Welfare Loss ; Panel Data ; Bivariate Probit Model |