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The impact of China's One-Child Policy on economic preferences: A regression discontinuity design

Author

Listed:
  • Xiaomeng Zhang

    (Economics Experimental Lab, Nanjing Audit University)

  • Wei Wang

    (Business School, Ningbo University)

Abstract

In 1979, China's government adapted the One-Child Policy (OCP), a radical approach to limiting population growth. The One-Child Policy can be regarded as a natural experiment, which allows investigation of whether being a single child in the family changes individuals' economic preferences. Using the Global Preference Survey and employing a regression discontinuity design, I found that OCP significantly changed people's risk preferences, and social preferences, which will reshape Chinese society and economy.

Suggested Citation

  • Xiaomeng Zhang & Wei Wang, 2021. "The impact of China's One-Child Policy on economic preferences: A regression discontinuity design," Economics Bulletin, AccessEcon, vol. 41(4), pages 2300-2308.
    • Handle: RePEc:ebl:ecbull:eb-21-00834
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    File URL: http://www.accessecon.com/Pubs/EB/2021/Volume41/EB-21-V41-I4-P198.pdf
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    Cited by:

    1. Li, Haoyang & Zhang, Xiaomeng, 2023. "Deciphering the influence of the macroeconomic environment on economic preferences: A comprehensive analysis of the Global Preferences Survey," Finance Research Letters, Elsevier, vol. 57(C).

    More about this item

    Keywords

    One-Child Policy; Economics preferences; RD design;
    All these keywords.

    JEL classification:

    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • J1 - Labor and Demographic Economics - - Demographic Economics

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