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Income Diversification of Rural Households in China
Author(s) -
Zhao Jianmei,
Barry Peter J.
Publication year - 2014
Publication title -
canadian journal of agricultural economics/revue canadienne d'agroeconomie
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.505
H-Index - 37
eISSN - 1744-7976
pISSN - 0008-3976
DOI - 10.1111/cjag.12033
Subject(s) - nonfarm payrolls , diversification (marketing strategy) , china , quantile regression , net national income , economics , demographic economics , survey data collection , household income , labour economics , business , agriculture , geography , public economics , econometrics , gross income , marketing , statistics , mathematics , archaeology , tax reform , state income tax
This article examines how different patterns of farm‐level diversification affect the income levels of rural households in China. Using quantile regression analysis of data from a rural household survey, the empirical results exhibit significant differences in diversification effects across rural income strata and various structural characteristics. Diversification, especially involving nonfarm employment and migration, brings a monetary premium to low‐income rural families and an income discount to high‐income families. The policy implications suggest the encouragement of labor‐intensive enterprises in rural areas and improvement of labor quality through rural education and training programs.