Spillover Effect of Targeted Subsidies for Students from Economically Disadvantaged Families in Compulsory Education
Implementing accurate financial grants for students from economically disadvantaged families is an important policy tool for preventing poverty and achieving the Common Prosperity Goal.Using the China Edu-cation Panel Survey data and the causal identification design formed by random student-classroom assignment,this paper estimates the spillover effect of the"one subsidy"policy for students from economically disadvantaged families at elementary and secondary school.We found that the"one subsidy"has a significant positive spillover effect on the academic performance of unsubsidized students in the class.The accurate identification of economi-cally disadvantaged families has a significant impact on the spillover effect of"one subsidy"policy.Formation of this spillover effect which is closely related to the learning interaction and interpersonal communication among students depends a lot on accurate identification of poverty.The results of mechanism analysis show that the learning effort level of students,interpersonal relationship between classmates,and the integration and cohesion of class can significantly be promoted by subsidies for students from economically disadvantaged families.The implementation of this targeted subsidy contains great economic value which can be an important starting point and effective means to promote common prosperity in the new development stage.In the future,we should fur-ther lower the threshold of educational subsidies for policies of poverty alleviation,improve the level of accurate identification for students from economically disadvantaged families,and implement differential subsidies accord-ing to the poverty degree of students'families.
students from economically disadvantaged families"one subsidy"policytargeted subsidiesspill-over effect
万方数据
维普
