The Impact of Household Assets on Child Well-being: Evidence from China

Abstract

This study examined the impact of household assets on multiple dimensions of child well-being using data on 2,583 children aged 10–15 years and their families from the cross-sectional 2016 China Family Panel Studies survey. Household assets were measured as the value of housing assets, cash deposits and household durable goods. Child well-being was measured with 10 indicators in five dimensions: health, education, economic well-being, subjective well-being and family relationships. Multiple linear regression was applied to investigate whether household assets were predictive of child well-being. The results suggest that children living in households with relatively low levels of household assets have lower overall well-being than those living in families with higher levels of assets. The impacts of diverse household asset types on various aspects of children’s well-being are different. Additionally, the relationship between household assets and various dimensions of child well-being is different and unequal between rural and urban areas, as well as among the eastern, central, and western regions.

Measurement and determinants of multidimensional urban poverty: Evidence from Shandong Province, China

“…Durable goods, in particular, which offer enduring service through repeated usage, play a crucial role [150]. Studies by Adeboju & Oyewole [132], Dutta & Kumar [151], Qi et al [152], and Xiao et al [81] highlighted how these goods elevate household productivity, enable information access, and enhance overall quality of life, elevating the likelihood of escaping poverty. Furthermore, studies by Artha & Dartanto [133], Adeboju & Oyewole [132], and Sevinc [153] suggested that homeownership represents a family's financial stability and is associated with improving their living conditions.…”

Impacts of Social Assistance on Child Well-Being in Vietnam: The Mediating Role of Household Welfare

“…In addition, several control variables presenting the characteristics of each cluster are included in the model as suggested by Qi et al (2022), Ajaero et al (2018) and Brooks (2002), including economic regions, areas, ethnicity of household head, household living standards, household size, household head's gender, child's gender, marital status, the mean number of children per household and the mean age of children.…”

“…Additionally, research by Lloyd-Sherlock et al (2012) clarifies the extent to which the child's life satisfaction improves when receiving this assistance. Meanwhile, when analyzing child well-being, studies often look at its correlations with economic indicators, notably household welfare (Qi et al, 2022). For example, Brooks-Gunn (1997) emphasizes the importance of increasing household welfare to reduce common health problems among children such as underweight, asthma, and physical impairment.…”

Makna Aset Yang Melekat Pada Anak Dalam Perspektif Akuntan Pendidik

“…Anak dapat mewarisi kebudayaan dan kegiatan bisnis yang dilakukan keluarga dan sebagai jaminan pada hari tua (Kwiecien and Jedrzychowska 2020;Hasan 2018). Namun hal tersebut menyesuaikan bagaimana suatu keluarga memperlakukan anak mereka (Qi et al 2022).…”