Estimating the Impact of Poverty Alleviation Microcredit on the Income of Poor Households Using the Propensity Score Matching Method: Evidence from China
The poverty alleviation microcredit policy is an important financial poverty alleviation policy that has been widely implemented in China in recent years. However, whether this policy can effectively increase the income of poor households is controversial. In order to measure the implementation effe...
| Main Authors: | , , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2020-07-01
|
| Series: | Agriculture |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2077-0472/10/7/293 |
| _version_ | 1797562536080441344 |
|---|---|
| author | Jie Yu Xiao Han Baozhen Chen Jinzheng Ren |
| author_facet | Jie Yu Xiao Han Baozhen Chen Jinzheng Ren |
| author_sort | Jie Yu |
| collection | DOAJ |
| description | The poverty alleviation microcredit policy is an important financial poverty alleviation policy that has been widely implemented in China in recent years. However, whether this policy can effectively increase the income of poor households is controversial. In order to measure the implementation effect of the policy, we analyzed the mechanism of the poverty alleviation microcredit on the income of poor households. Then, the paper used micro-survey data to conduct an empirical test using the propensity score matching method to study its effect on the production income of these poor households. The results show that the poverty alleviation microcredit positively affects the production income of poor households, including those who are poor due to lack of funds and poor households with female heads. Therefore, we should continue to implement the poverty alleviation microcredit policy, and establish relevant supporting measures, such as strengthening agricultural production capital subsidies, increasing agricultural production insurance, further improving the implementation efficiency of the poverty alleviation microcredit policy, and increasing the income of poor households. |
| first_indexed | 2024-03-10T18:29:42Z |
| format | Article |
| id | doaj.art-7444b8c9ad8e4cdf915428e40e148851 |
| institution | Directory Open Access Journal |
| issn | 2077-0472 |
| language | English |
| last_indexed | 2024-03-10T18:29:42Z |
| publishDate | 2020-07-01 |
| publisher | MDPI AG |
| record_format | Article |
| series | Agriculture |
| spelling | doaj.art-7444b8c9ad8e4cdf915428e40e1488512023-11-20T06:41:45ZengMDPI AGAgriculture2077-04722020-07-0110729310.3390/agriculture10070293Estimating the Impact of Poverty Alleviation Microcredit on the Income of Poor Households Using the Propensity Score Matching Method: Evidence from ChinaJie Yu0Xiao Han1Baozhen Chen2Jinzheng Ren3College of Economics and Management, China Agricultural University, Beijing 100083, ChinaAgricultural Trade Promotion Center, Ministry of Agriculture and Rural Affairs of China, Beijing 100025, ChinaCollege of Economics and Management, China Agricultural University, Beijing 100083, ChinaCollege of Economics and Management, China Agricultural University, Beijing 100083, ChinaThe poverty alleviation microcredit policy is an important financial poverty alleviation policy that has been widely implemented in China in recent years. However, whether this policy can effectively increase the income of poor households is controversial. In order to measure the implementation effect of the policy, we analyzed the mechanism of the poverty alleviation microcredit on the income of poor households. Then, the paper used micro-survey data to conduct an empirical test using the propensity score matching method to study its effect on the production income of these poor households. The results show that the poverty alleviation microcredit positively affects the production income of poor households, including those who are poor due to lack of funds and poor households with female heads. Therefore, we should continue to implement the poverty alleviation microcredit policy, and establish relevant supporting measures, such as strengthening agricultural production capital subsidies, increasing agricultural production insurance, further improving the implementation efficiency of the poverty alleviation microcredit policy, and increasing the income of poor households.https://www.mdpi.com/2077-0472/10/7/293poverty alleviation microcreditproduction and operation incomepolicy effect |
| spellingShingle | Jie Yu Xiao Han Baozhen Chen Jinzheng Ren Estimating the Impact of Poverty Alleviation Microcredit on the Income of Poor Households Using the Propensity Score Matching Method: Evidence from China Agriculture poverty alleviation microcredit production and operation income policy effect |
| title | Estimating the Impact of Poverty Alleviation Microcredit on the Income of Poor Households Using the Propensity Score Matching Method: Evidence from China |
| title_full | Estimating the Impact of Poverty Alleviation Microcredit on the Income of Poor Households Using the Propensity Score Matching Method: Evidence from China |
| title_fullStr | Estimating the Impact of Poverty Alleviation Microcredit on the Income of Poor Households Using the Propensity Score Matching Method: Evidence from China |
| title_full_unstemmed | Estimating the Impact of Poverty Alleviation Microcredit on the Income of Poor Households Using the Propensity Score Matching Method: Evidence from China |
| title_short | Estimating the Impact of Poverty Alleviation Microcredit on the Income of Poor Households Using the Propensity Score Matching Method: Evidence from China |
| title_sort | estimating the impact of poverty alleviation microcredit on the income of poor households using the propensity score matching method evidence from china |
| topic | poverty alleviation microcredit production and operation income policy effect |
| url | https://www.mdpi.com/2077-0472/10/7/293 |
| work_keys_str_mv | AT jieyu estimatingtheimpactofpovertyalleviationmicrocreditontheincomeofpoorhouseholdsusingthepropensityscorematchingmethodevidencefromchina AT xiaohan estimatingtheimpactofpovertyalleviationmicrocreditontheincomeofpoorhouseholdsusingthepropensityscorematchingmethodevidencefromchina AT baozhenchen estimatingtheimpactofpovertyalleviationmicrocreditontheincomeofpoorhouseholdsusingthepropensityscorematchingmethodevidencefromchina AT jinzhengren estimatingtheimpactofpovertyalleviationmicrocreditontheincomeofpoorhouseholdsusingthepropensityscorematchingmethodevidencefromchina |