The Impact of the Global Financial Crisis on Off-Farm Employment and Earnings in Rural China

This paper examines the effect of the financial crisis on off-farm employment of China's rural labor force. Using a national representative dataset, we find that there was a large impact. By April 2009 off-farm employment reached 6.8% of the rural labor force. Monthly earnings also declined. Ho...

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Main Authors:	Huang, Jikun, Zhi, Huayong, Huang, Zhurong, Rozelle, Scott, Giles, John
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Financial Crises G010 Wage Level and Structure Wage Differentials J310 Economic Development: Human Resources Human Development Income Distribution Migration O150 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Socialist Systems and Transitional Economies: Factor and Product Markets Industry Studies Population P230 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Urban, Rural, and Regional Economics: Regional Migration Regional Labor Markets Population Neighborhood Characteristics R230
Online Access:	http://hdl.handle.net/10986/5858

id	okr-10986-5858
recordtype	oai_dc
spelling	okr-10986-58582021-04-23T14:02:23Z The Impact of the Global Financial Crisis on Off-Farm Employment and Earnings in Rural China Huang, Jikun Zhi, Huayong Huang, Zhurong Rozelle, Scott Giles, John Financial Crises G010 Wage Level and Structure Wage Differentials J310 Economic Development: Human Resources Human Development Income Distribution Migration O150 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Socialist Systems and Transitional Economies: Factor and Product Markets Industry Studies Population P230 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Urban, Rural, and Regional Economics: Regional Migration Regional Labor Markets Population Neighborhood Characteristics R230 This paper examines the effect of the financial crisis on off-farm employment of China's rural labor force. Using a national representative dataset, we find that there was a large impact. By April 2009 off-farm employment reached 6.8% of the rural labor force. Monthly earnings also declined. However, while we estimate that 49 million were laid-off between October 2008 and April 2009, half of them were re-hired in off-farm work by April 2009. By August 2009, less than 2% of the rural labor force was unemployed due to the crisis. The robust recovery appears to have helped avoid instability. 2012-03-30T07:34:53Z 2012-03-30T07:34:53Z 2011 Journal Article World Development 0305750X http://hdl.handle.net/10986/5858 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article China
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Financial Crises G010 Wage Level and Structure Wage Differentials J310 Economic Development: Human Resources Human Development Income Distribution Migration O150 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Socialist Systems and Transitional Economies: Factor and Product Markets Industry Studies Population P230 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Urban, Rural, and Regional Economics: Regional Migration Regional Labor Markets Population Neighborhood Characteristics R230
spellingShingle	Financial Crises G010 Wage Level and Structure Wage Differentials J310 Economic Development: Human Resources Human Development Income Distribution Migration O150 Economic Development: Regional, Urban, and Rural Analyses Transportation O180 Socialist Systems and Transitional Economies: Factor and Product Markets Industry Studies Population P230 Socialist Systems and Transitional Economies: Urban, Rural, and Regional Economics P250 Urban, Rural, and Regional Economics: Regional Migration Regional Labor Markets Population Neighborhood Characteristics R230 Huang, Jikun Zhi, Huayong Huang, Zhurong Rozelle, Scott Giles, John The Impact of the Global Financial Crisis on Off-Farm Employment and Earnings in Rural China
geographic_facet	China
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	This paper examines the effect of the financial crisis on off-farm employment of China's rural labor force. Using a national representative dataset, we find that there was a large impact. By April 2009 off-farm employment reached 6.8% of the rural labor force. Monthly earnings also declined. However, while we estimate that 49 million were laid-off between October 2008 and April 2009, half of them were re-hired in off-farm work by April 2009. By August 2009, less than 2% of the rural labor force was unemployed due to the crisis. The robust recovery appears to have helped avoid instability.
format	Journal Article
author	Huang, Jikun Zhi, Huayong Huang, Zhurong Rozelle, Scott Giles, John
author_facet	Huang, Jikun Zhi, Huayong Huang, Zhurong Rozelle, Scott Giles, John
author_sort	Huang, Jikun
title	The Impact of the Global Financial Crisis on Off-Farm Employment and Earnings in Rural China
title_short	The Impact of the Global Financial Crisis on Off-Farm Employment and Earnings in Rural China
title_full	The Impact of the Global Financial Crisis on Off-Farm Employment and Earnings in Rural China
title_fullStr	The Impact of the Global Financial Crisis on Off-Farm Employment and Earnings in Rural China
title_full_unstemmed	The Impact of the Global Financial Crisis on Off-Farm Employment and Earnings in Rural China
title_sort	impact of the global financial crisis on off-farm employment and earnings in rural china
publishDate	2012
url	http://hdl.handle.net/10986/5858
_version_	1764396566414622720

The Impact of the Global Financial Crisis on Off-Farm Employment and Earnings in Rural China

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