Who are the Asset-Poor in China: A Comprehensive Description and Policy Implications

Yuanyuan Yang, Jun Hong Chen, Minchao Jin

    Research output: Contribution to journalArticle

    Abstract

    There is a large body of literature asserting that household asset holdings play a critical role in prospects of economic and social well-being. This study examines asset-poverty rates in China using the 2013 survey data from the Chinese Household Income Project (CHIP). The results indicate that asset-poverty rates in urban China were lower than those of developed countries, whereas rural and migrant households experienced more serious asset poverty than their counterparts in urban China. In addition, the asset-poverty rates were at least twice the income-poverty rates in China according to the different poverty lines used in the study. Several demographic characteristics were found associated with asset poverty. To assist the Chinese government in reaching its goal of eradicating absolute poverty by 2020 through targeted poverty alleviation, this study suggests including assets in the description and alleviation of poverty.

    Original languageEnglish (US)
    JournalJournal of Social Policy
    DOIs
    StateAccepted/In press - Jan 1 2019

    Fingerprint

    poverty
    assets
    China
    policy
    poverty alleviation
    household income
    income
    migrant
    well-being
    rate
    economics

    ASJC Scopus subject areas

    • Social Sciences (miscellaneous)
    • Public Administration
    • Management, Monitoring, Policy and Law

    Cite this

    Who are the Asset-Poor in China : A Comprehensive Description and Policy Implications. / Yang, Yuanyuan; Chen, Jun Hong; Jin, Minchao.

    In: Journal of Social Policy, 01.01.2019.

    Research output: Contribution to journalArticle

    @article{cef0602463294cff88f5b2e0890252a1,
    title = "Who are the Asset-Poor in China: A Comprehensive Description and Policy Implications",
    abstract = "There is a large body of literature asserting that household asset holdings play a critical role in prospects of economic and social well-being. This study examines asset-poverty rates in China using the 2013 survey data from the Chinese Household Income Project (CHIP). The results indicate that asset-poverty rates in urban China were lower than those of developed countries, whereas rural and migrant households experienced more serious asset poverty than their counterparts in urban China. In addition, the asset-poverty rates were at least twice the income-poverty rates in China according to the different poverty lines used in the study. Several demographic characteristics were found associated with asset poverty. To assist the Chinese government in reaching its goal of eradicating absolute poverty by 2020 through targeted poverty alleviation, this study suggests including assets in the description and alleviation of poverty.",
    author = "Yuanyuan Yang and Chen, {Jun Hong} and Minchao Jin",
    year = "2019",
    month = "1",
    day = "1",
    doi = "10.1017/S0047279418000855",
    language = "English (US)",
    journal = "Journal of Social Policy",
    issn = "0047-2794",
    publisher = "Cambridge University Press",

    }

    TY - JOUR

    T1 - Who are the Asset-Poor in China

    T2 - A Comprehensive Description and Policy Implications

    AU - Yang, Yuanyuan

    AU - Chen, Jun Hong

    AU - Jin, Minchao

    PY - 2019/1/1

    Y1 - 2019/1/1

    N2 - There is a large body of literature asserting that household asset holdings play a critical role in prospects of economic and social well-being. This study examines asset-poverty rates in China using the 2013 survey data from the Chinese Household Income Project (CHIP). The results indicate that asset-poverty rates in urban China were lower than those of developed countries, whereas rural and migrant households experienced more serious asset poverty than their counterparts in urban China. In addition, the asset-poverty rates were at least twice the income-poverty rates in China according to the different poverty lines used in the study. Several demographic characteristics were found associated with asset poverty. To assist the Chinese government in reaching its goal of eradicating absolute poverty by 2020 through targeted poverty alleviation, this study suggests including assets in the description and alleviation of poverty.

    AB - There is a large body of literature asserting that household asset holdings play a critical role in prospects of economic and social well-being. This study examines asset-poverty rates in China using the 2013 survey data from the Chinese Household Income Project (CHIP). The results indicate that asset-poverty rates in urban China were lower than those of developed countries, whereas rural and migrant households experienced more serious asset poverty than their counterparts in urban China. In addition, the asset-poverty rates were at least twice the income-poverty rates in China according to the different poverty lines used in the study. Several demographic characteristics were found associated with asset poverty. To assist the Chinese government in reaching its goal of eradicating absolute poverty by 2020 through targeted poverty alleviation, this study suggests including assets in the description and alleviation of poverty.

    UR - http://www.scopus.com/inward/record.url?scp=85062645152&partnerID=8YFLogxK

    UR - http://www.scopus.com/inward/citedby.url?scp=85062645152&partnerID=8YFLogxK

    U2 - 10.1017/S0047279418000855

    DO - 10.1017/S0047279418000855

    M3 - Article

    AN - SCOPUS:85062645152

    JO - Journal of Social Policy

    JF - Journal of Social Policy

    SN - 0047-2794

    ER -