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Xiaomeng Zhang and Wei Wang |
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''The impact of China's One-Child Policy on economic preferences: A regression discontinuity design'' |
( 2021, Vol. 41 No.4 ) |
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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. |
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Keywords: One-Child Policy, Economics preferences, RD design |
JEL: D7 - Analysis of Collective Decision-Making: General J1 - Demographic Economics: General |
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Manuscript Received : Sep 07 2021 | | Manuscript Accepted : Dec 29 2021 |
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