File Download
There are no files associated with this item.
Links for fulltext
(May Require Subscription)
- Publisher Website: 10.1016/j.econlet.2021.109975
- Scopus: eid_2-s2.0-85109113009
- WOS: WOS:000685655500017
- Find via
Supplementary
- Citations:
- Appears in Collections:
Article: Superstition and farmers’ life insurance spending
| Title | Superstition and farmers’ life insurance spending |
|---|---|
| Authors | |
| Keywords | Insurance Rural household Superstition |
| Issue Date | 5-Jul-2021 |
| Publisher | Elsevier |
| Citation | Economics Letters, 2021, v. 206 How to Cite? |
| Abstract | Superstition is prevalent in rural areas, yet very few studies examine whether it affects rural households’ economic decisions. In this paper, we investigate the impact of “zodiac year” superstition on Chinese rural households’ life insurance spending. We find a statistically significant 18.5% increase in life insurance expenditure during the head’s zodiac year. Such a boost is only significant in the zodiac year and does not exist in non-zodiac years. Our study provides novel evidence that rural households would hedge “bad luck” by self-insurance when bearing superstitious beliefs. |
| Persistent Identifier | http://hdl.handle.net/10722/356991 |
| ISSN | 2023 Impact Factor: 2.1 2023 SCImago Journal Rankings: 0.729 |
| ISI Accession Number ID |
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Liu, Yun | - |
| dc.contributor.author | Zhang, Yifei | - |
| dc.contributor.author | Chen, Xin | - |
| dc.contributor.author | Yang, Yuxin | - |
| dc.date.accessioned | 2025-06-23T08:52:49Z | - |
| dc.date.available | 2025-06-23T08:52:49Z | - |
| dc.date.issued | 2021-07-05 | - |
| dc.identifier.citation | Economics Letters, 2021, v. 206 | - |
| dc.identifier.issn | 0165-1765 | - |
| dc.identifier.uri | http://hdl.handle.net/10722/356991 | - |
| dc.description.abstract | <p>Superstition is prevalent in rural areas, yet very few studies examine whether it affects rural households’ economic decisions. In this paper, we investigate the impact of “zodiac year” superstition on Chinese rural households’ life insurance spending. We find a statistically significant 18.5% increase in life insurance expenditure during the head’s zodiac year. Such a boost is only significant in the zodiac year and does not exist in non-zodiac years. Our study provides novel evidence that rural households would hedge “bad luck” by self-insurance when bearing superstitious beliefs.</p> | - |
| dc.language | eng | - |
| dc.publisher | Elsevier | - |
| dc.relation.ispartof | Economics Letters | - |
| dc.rights | This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. | - |
| dc.subject | Insurance | - |
| dc.subject | Rural household | - |
| dc.subject | Superstition | - |
| dc.title | Superstition and farmers’ life insurance spending | - |
| dc.type | Article | - |
| dc.identifier.doi | 10.1016/j.econlet.2021.109975 | - |
| dc.identifier.scopus | eid_2-s2.0-85109113009 | - |
| dc.identifier.volume | 206 | - |
| dc.identifier.eissn | 1873-7374 | - |
| dc.identifier.isi | WOS:000685655500017 | - |
| dc.identifier.issnl | 0165-1765 | - |