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$$pGLOBAL_SET
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000284913 980__ $$a1030