000284913 001__ 284913 000284913 005__ 20210122081834.0 000284913 022__ $$a1559-2448 000284913 0247_ $$2doi$$a10.22004/ag.econ.284913 000284913 037__ $$a1030-2019-605 000284913 041__ $$aeng 000284913 084__ $$aD12 000284913 084__ $$aQ12 000284913 084__ $$aO13 000284913 245__ $$aAre different income sources fungible? The effects of agricultural subsidy and disaster relief on household consumption in China 000284913 260__ $$c2018-09 000284913 269__ $$a2018-09 000284913 336__ $$aJournal Article 000284913 520__ $$aThis paper uses panel data from a sample of farm households in the northeastern China to examine the non-fungibility of different income sources. The results show the private transfer income has a high and significant impact on household consumption while agricultural subsidy and disaster relief have insignificant impacts. Empirical findings prove that the Behavioral Life Cycle Hypothesis is more practical than the Life Cycle Hypothesis. Moreover, they provide important macro policy implications as for how to stimulate farm consumption and expand domestic demand and encourage economic growth. 000284913 546__ $$aEnglish 000284913 650__ $$aConsumer/Household Economics 000284913 6531_ $$abehavioral life cycle hypothesis 000284913 6531_ $$afarm household consumption 000284913 6531_ $$amarginal propensity to consume 000284913 6531_ $$aagricultural subsidy 000284913 6531_ $$adisaster relief 000284913 700__ $$aPeng, Xiaohui 000284913 700__ $$aZhao, Li 000284913 700__ $$aYue, Chengyan 000284913 700__ $$aAhlstrom, David 000284913 773__ $$j21$$k8$$q1153$$o1166$$tInternational Food and Agribusiness Management Review 000284913 8560_ $$fdornb037@umn.edu 000284913 8564_ $$9fe793332-39c8-497a-a38e-32e82a4dd501$$s489477$$uhttps://ageconsearch.umn.edu/record/284913/files/Xiaohui%20Peng.pdf 000284913 909CO $$ooai:ageconsearch.umn.edu:284913$$pGLOBAL_SET 000284913 913__ $$aBy depositing this Content ('Content') in AgEcon Search, I agree that I am solely responsible for any consequences of uploading this Content to AgEcon Search and making it publicly available, and I represent and warrant that: I am either the sole creator and the owner of the copyrights and all other rights in the Content; or, without obtaining another’s permission, I have the right to deposit the Content in an archive such as AgEcon Search. To the extent that any portions of the Content are not my own creation, they are used with the copyright holder’s express permission or as permitted by law. Additionally, the Content does not infringe the copyrights or other intellectual property rights of another, nor does the Content violate any laws or another’s rights of privacy or publicity. The Content contains no restricted, private, confidential, or otherwise protected data or information that should not be publicly shared. I understand that AgEcon Search will do its best to provide perpetual access to my Content. In order to support these efforts, I grant the Regents of the University of Minnesota ('University'), through AgEcon Search, the following non-exclusive, irrevocable, royalty-free, world-wide rights and licenses: to access, reproduce, distribute and publicly display the Content, in whole or in part, in order to secure, preserve and make it publicly available, and to make derivative works based upon the Content in order to migrate the Content to other media or formats, or to preserve its public access. These terms do not transfer ownership of the copyright(s) in the Content. These terms only grant to the University the limited license outlined above. 000284913 980__ $$a1030