Article

Health Shock, Borrowing, and Rural Household Welfare: Evidence from China

2023-08-09

Abstract excerpt

Due to the incomplete of China's current social security system, health shocks are one of the main risks faced by rural families. Using data from the 2019 China Household Finance Survey, we examined the impact of borrowing on household welfare when rural households face health shocks. We found that household income and food expenditure both declined significantly when rural households faced health shocks; rur...

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Literature Corpus work: f05c6864-711d-53f5-9466-a48a8359b817
DOI: 10.20944/preprints202308.0698.v1

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