By: |
Junxue Jia (School of Finance, China Financial Policy Research Center, Renmin University of China);
Cong Qin (School of Finance, China Financial Policy Research Center, Renmin University of China);
Yongzheng Liu (School of Finance, China Financial Policy Research Center, Renmin University of China) |
Abstract: |
Using a unique dataset for 2,190 Chinese villages, this paper evaluates the
poverty-reducing effect of large scale village-based anti-poverty development
projects in rural China. We find that these projects significantly increase
village net income per capita and thus reduce rural poverty. We also highlight
the importance of funding methods, matching requirements, and political
institutions for project effectiveness. Specifically, compared to projects
funded by unconditional grants, microfinance projects exhibit a stronger
poverty-reducing effect; matching requirements enhance the effectiveness of
the projects; and a more democratic political environment improves project
performance. |
Date: |
2017–12 |
URL: |
http://d.repec.org/n?u=RePEc:ays:ispwps:paper1722&r=mfd |