2010
DOI: 10.1596/1813-9450-5439
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The impact of the global financial crisis on off-farm employment and earnings in rural China

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Cited by 22 publications
(30 citation statements)
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“…At the provincial level, the GFC seems to have reduced inequality, with income growth in export-oriented coastal areas slowing [31] and millions of workers moving back to their homes in interior provinces [32]. This demand shock in the middle of the second decade studied here may have reduced the rate of urban expansion in the rapidly growing coastal provinces and possibly shifted the location of expansion towards less urbanized areas in the interior.…”
Section: Discussionmentioning
confidence: 78%
“…At the provincial level, the GFC seems to have reduced inequality, with income growth in export-oriented coastal areas slowing [31] and millions of workers moving back to their homes in interior provinces [32]. This demand shock in the middle of the second decade studied here may have reduced the rate of urban expansion in the rapidly growing coastal provinces and possibly shifted the location of expansion towards less urbanized areas in the interior.…”
Section: Discussionmentioning
confidence: 78%
“…In 2008, the impacts of the global financial crisis reached China's export-dependent economy. The economic shock halted production in factories across China, leading to high levels of unemployment in the rural migrant labour force (Johnson and Batson 2009;Huang et al 2011). As a result, it was less likely for farm households to migrate (-0.266) or to adopt the local income diversification (-0.233) strategy to expand their income in 2008.…”
Section: Bayesian Mnp Estimatesmentioning
confidence: 99%
“…The unskilled wage rate in China has been rising since the early 2000s and today virtually all young, able-bodied rural individuals are able to find jobs off the farm (Cai and Du, 2011;Huang et al, 2011). Indeed, recent China's statistics show that the monthly earnings of the typical unskilled worker (who had off-farm employment in both 2011 and 2012) was almost 2900 yuan per month during 2012 (CNBS, 2014).…”
Section: Resultsmentioning
confidence: 99%
“…Attending high school can also be associated with high opportunity costs since the wages for unskilled labor, especially in middle-income countries, can be high (and rising) (Cai and Du, 2011;Huang et al, 2011).…”
Section: Introductionmentioning
confidence: 99%