New Economics Papers
on Microfinance
Issue of 2011‒04‒30
two papers chosen by
Aastha Pudasainee and Olivier Dagnelie

  1. Evaluating the long-term impact of antipoverty interventions in Bangladesh: An overview By Quisumbing, Agnes R.; Baulch, Bob; Kumar, Neha
  2. Does Health Insurance Decrease Health Expenditure Risk in Developing Countries? The Case of China By Juergen Jung; Jialu Liu

  1. By: Quisumbing, Agnes R.; Baulch, Bob; Kumar, Neha
    Abstract: This paper provides an overview of a research project that assessed the long-term impact of three antipoverty interventions in Bangladesh—the introduction of new agricultural technologies, educational transfers, and microfinance—on monetary and nonmonetary measures of well-being. This paper begins by setting out the conceptual framework, methodology, and empirical methods used for the evaluation of long-term impacts. It discusses the context of the evaluations and the longitudinal data used. Key findings from the individual papers are then presented, followed by an indicative analysis of the cost-effectiveness of these interventions. The overview concludes with implications for programs and policy.
    Keywords: antipoverty interventions, Impact evaluation, long-term impact,
    Date: 2011
  2. By: Juergen Jung (Department of Economics, Towson University); Jialu Liu (Department of Economics, Allegheny College)
    Abstract: We make use of panel data from the China Health and Nutrition Survey between 1991 and 2006 to investigate whether health insurance increases out-of-pocket (OOP) health expenditure risk. We find that health insurance increases the probability of catastrophic OOP health expenditures using a series of Probit models. We then use two-part as well as sample selection models to account for selection on unobservable variables and find that although the probability of positive OOP health expenditures increases with the availability of health insurance, the actual level of OOP health expenditures decreases. More specifically, we find that for a per- son with positive OOP health expenditures, having health insurance reduces the level of OOP expenses by 12.56 percent while controlling for selection effects.
    Keywords: health insurance, exposure to health risk, health care in China, out-of-pocket health expenditure in China, two-part model, bivariate sample selection model, Heckman two- step estimator, China Health and Nutrition Survey (CHNS).
    JEL: I11 C33 C34
    Date: 2011–04

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