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Chen, Xi; Zhang, Xiaobo. |
Though social spending facilitates risk‐pooling in the impoverished regions, too many resources devoted to social occasions may impose negative externalities and hinder efforts to alleviate poverty for households living close to subsistence. Conducting three waves census‐type panel survey in rural western China with well‐defined reference groups and detailed information on social occasions, gift exchanges, nutrients intake and health outcomes, we find that the squeeze effect originated from lavish ceremonies is associated with lower height‐for‐age zscore, higher probability of stunting and underweight in early child development. The lasting impact suggests that “catch up” is limited. The squeeze is stronger for the fetal period and towards the lower tail... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Relative Status; Squeeze Effect; Nutrients Intake; Stunting; Underweight; Gender; Agribusiness; D13; I32; O15. |
Ano: 2011 |
URL: http://purl.umn.edu/115517 |
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Chen, Xi. |
Recent social spending inflation in China has led to its growth rate far exceeding that of income and other consumption. In this paper, we estimate private returns to social spending, such as higher social status and larger social network that serve as certain functions. In almost all specifications we find that gift spending has significant private returns, but the returns are biased towards richer households. Upon comparing different measures of centrality, we also find that social connections are more accurately characterized when weighted by their intensities (values), capturing their role in mobilizing scarce resource in the network. Furthermore, social status and network may change long-term income trajectory and the resulted consumption. However,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Social network; Social status; Private return; Social spending; Consumption; Consumer/Household Economics. |
Ano: 2011 |
URL: http://purl.umn.edu/98874 |
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Chen, Xi. |
It has been widely recognized that the poor spends a significant proportion of their income on social spending even at the expense of basic consumption. What are the motives behind the observed lavish social spending among the poor? We attempt to test three competing explanations at the social link level, risk pooling, peer effect, and status concern, via a uniform framework based on a unique primary dataset. The data set include household information from a three wave census type household survey as well as a long term gift record for all households in three villages in a poor region in rural China. Our dyadic estimations confirm the prevalence of peer influence and the status seeking motive in shaping gift spending and its rapid growth, while... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Social Network; Peer Effect; Risk pooling; Status Seeking; Ceremony; Agribusiness; D63; D85; R20. |
Ano: 2011 |
URL: http://purl.umn.edu/115516 |
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