In Search of Gender Bias in Household Resource Allocation in Rural China

This paper tests three hypotheses concerning intra-household resource allocation in rural China. First, whether increasing the women's bargaining power alters household expenditure patterns. Second, whether households allocate fewer resources to daughters than to sons. Third, whether increasing the bargaining power of women reduces pro-boy discrimination. We find that expenditure patterns do vary with proxies for women's bargaining power. Pro-boy discrimination is suggested by: lower female outlay equivalent ratios for adult goods; greater sensitivity of household health spending to young boys than to young girls; and high male sex ratios. No evidence is found to support the third hypothesis.intrahousehold allocation, women, bargaining power, China

Life Satisfaction in Urban China: Components and Determinants

Survey data from urban China in 2002 show levels of life satisfaction to be low, but not exceptionally so, by international comparison. Many of the determinants of life satisfaction in urban China appear comparable to those for people in other countries. These include, inter alia, unemployment, income, marriage, sex, health and age. Communist Party membership and political participation raise life satisfaction. People appear fairly satisfied with economic growth and low inflation, and this contributes to their overall life satisfaction. There is dissatisfaction over pollution, but this – like job insecurity – does not appear to impact on life satisfaction.life satisfaction, happiness, economic growth, unemployment, China

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Master'sMASTER OF SCIENC

Internal Finance and Growth: Microeconometric Evidence on Chinese Firms

Using a panel of 79,841 Chinese firms over the period 2000-2007, we examine the extent to which liquidity constraints affect firms. assets growth. We find that state owned enterprises are not affected, while the availability of internal finance represents a binding constraint for the growth of private firms, especially those operating in coastal regions, with negligible foreign ownership. Thanks to their high productivity, cash flow is, however, so abundant for these firms that they are able to grow at a very fast rate, despite being discriminated against by financial institutions. Hence, well developed external capital markets may not always be needed for fast economic growth.Assets growth, Cash flow, Financial constraints.