Abstract
Rapid urbanization also happens when economic growth and urban job creation are absent,
such as in Africa and Latin America during the eighties. Why do some countries urbanize
faster while having worse economic growth? This paper ˉfinds that higher aggregate agri-
cultural risk induces rural-urban migration, providing an additional channel to explain the
urbanization trend. Uninsurable expected risk will lead to rural-urban migration as a form
of ex-ante insurance if households are liquidity constrained and cannot overcome adverse
shocks. The effect is robust to controlling for the traditional view of urbanization driven by
industrialization, and to several alternative explanations such as government spending.
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附件已经添加,不在重复占用资源。
世界范围的农村-城市移民问题,宏观动态理论模型与计量分析。做得非常细致严谨,同时不失趣味性,值得借鉴。
另,参考文献中有关于GMM计量、劳动力迁移、家庭抗风险等的重要资料。