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The Impact of Household Assets on Child Well-being: Evidence from China

Author

Listed:
  • Shaojie Qi

    (Nanjing University)

  • Hao Liu

    (Research Institute of Social Development, Southwestern University of Finance and Economics)

  • Fengrui Hua

    (Research Institute of Social Development, Southwestern University of Finance and Economics)

  • Xiangshu Deng

    (Research Institute of Social Development, Southwestern University of Finance and Economics)

  • Zheng Zhou

    (Research Institute of Social Development, Southwestern University of Finance and Economics)

Abstract

This study examined the impact of household assets on multiple dimensions of child well-being using data on 2,583 children aged 10–15 years and their families from the cross-sectional 2016 China Family Panel Studies survey. Household assets were measured as the value of housing assets, cash deposits and household durable goods. Child well-being was measured with 10 indicators in five dimensions: health, education, economic well-being, subjective well-being and family relationships. Multiple linear regression was applied to investigate whether household assets were predictive of child well-being. The results suggest that children living in households with relatively low levels of household assets have lower overall well-being than those living in families with higher levels of assets. The impacts of diverse household asset types on various aspects of children’s well-being are different. Additionally, the relationship between household assets and various dimensions of child well-being is different and unequal between rural and urban areas, as well as among the eastern, central, and western regions.

Suggested Citation

  • Shaojie Qi & Hao Liu & Fengrui Hua & Xiangshu Deng & Zheng Zhou, 2022. "The Impact of Household Assets on Child Well-being: Evidence from China," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 17(5), pages 2697-2720, October.
    • Handle: RePEc:spr:ariqol:v:17:y:2022:i:5:d:10.1007_s11482-021-09993-9
    DOI: 10.1007/s11482-021-09993-9
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    References listed on IDEAS

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    1. Zewei Liu & Ji-Kang Chen, 2024. "Financial Resilience and Adolescent Development: Exploring a Construct of Family Socioeconomic Determinants and Its Associated Psychological and School Outcomes," Child Indicators Research, Springer;The International Society of Child Indicators (ISCI), vol. 17(5), pages 2283-2318, October.

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