Exploring the Impact of Rural Development Programs on Poverty Reduction in Chinese Counties: A Panel Data Analysis

Abstract

In the backdrop of Chinas monumental challenge in poverty eradication, this study provides a critical evaluation of the rural development programs, particularly the targeted poverty reduction policy of 2013 which aimed at specialized interventions for 832 national poverty-stricken counties. Utilizing the Difference-in-Differences (DiD) methodology, the paper analyzes panel data from the China Statistical Yearbook (Township) between 2010 to 2019, contrasting the advancements in these designated counties against those not specifically targeted. Our findings reveal that, while the 2013 policy has made positive strides in enhancing the disposable incomes of residents in these counties, disparities persist. City-specific determinants emerged as key influencers, necessitating a tailored approach to future poverty alleviation strategies. The research underlines the success of Chinas poverty reduction efforts, whilst stressing the need for sustained, adaptive, and region-specific initiatives for more holistic and comprehensive poverty eradication in the future. Policymakers are thus advised to engage in continual policy introspection and refinement, acknowledging the intricate challenges and diversities within the nation.