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題名 Climate Volatility and Household Saving in China
作者 黃智聰
Huang, Jr-Tsung
Wu*, Liping
貢獻者 財政系
關鍵詞 China ; climate volatility ; dynamic panel ; GMM ; household saving
日期 2018-07
上傳時間 20-Feb-2020 13:12:05 (UTC+8)
摘要 Many studies have investigated the correlation between climate change and economic growth. However, this study focuses on household saving, whereby growth may be correlated with climate volatility. This study conducts a dynamic panel analysis using data on Chinese provinces for the period of 2001–2009. Various indicators of climate volatility are employed to ensure robustness, and the Generalized Method of Moments (GMM) approach is chosen to reduce endogeneity. The estimation results show that in rural areas, temperature volatility is positively correlated with the household saving rate, but that the correlation is weaker in urban areas. This study suggests that first, to increase household welfare, risk-pooling insurance should be applied, and second, that rural areas should be the priority for development over urban areas.
關聯 Journal of Financial Counseling and Planning, Vol.29, No.1, pp.132-141
資料類型 article
DOI https://doi.org/10.1891/1052-3073.29.1.132
dc.contributor 財政系
dc.creator (作者) 黃智聰
dc.creator (作者) Huang, Jr-Tsung
dc.creator (作者) Wu*, Liping
dc.date (日期) 2018-07
dc.date.accessioned 20-Feb-2020 13:12:05 (UTC+8)-
dc.date.available 20-Feb-2020 13:12:05 (UTC+8)-
dc.date.issued (上傳時間) 20-Feb-2020 13:12:05 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/128694-
dc.description.abstract (摘要) Many studies have investigated the correlation between climate change and economic growth. However, this study focuses on household saving, whereby growth may be correlated with climate volatility. This study conducts a dynamic panel analysis using data on Chinese provinces for the period of 2001–2009. Various indicators of climate volatility are employed to ensure robustness, and the Generalized Method of Moments (GMM) approach is chosen to reduce endogeneity. The estimation results show that in rural areas, temperature volatility is positively correlated with the household saving rate, but that the correlation is weaker in urban areas. This study suggests that first, to increase household welfare, risk-pooling insurance should be applied, and second, that rural areas should be the priority for development over urban areas.
dc.format.extent 425782 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Journal of Financial Counseling and Planning, Vol.29, No.1, pp.132-141
dc.subject (關鍵詞) China ; climate volatility ; dynamic panel ; GMM ; household saving
dc.title (題名) Climate Volatility and Household Saving in China
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1891/1052-3073.29.1.132
dc.doi.uri (DOI) https://doi.org/10.1891/1052-3073.29.1.132