Health Impacts of Public Pawnshops in Industrializing Tokyo
Fuente:
arXiv
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| Formato: | Preprint |
| Publicado: |
2023
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| _version_ | 1866912586608410624 |
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| author | Inoue, Tatsuki |
| author_facet | Inoue, Tatsuki |
| contents | This study is the first to investigate whether pawnshops, financial institutions for low-income populations, have contributed to the decline in mortality in the early twentieth century. Using ward-level panel data from Tokyo City, this study revealed that the popularity of public pawnshops was associated with a 4% and 5% decrease in infant mortality and fetal death rates, respectively, during 1927-1935. The historical context implies that the potential channels of the relationships were improving nutrition and hygiene and covering childbirth costs. Moreover, a cost-effectiveness calculation highlighted that the establishment of public pawnshops was a cost-effective public investment for better public health. Contrarily, for-profit private pawnshops showed no significant association with health improvements. |
| format | Preprint |
| id |
arxiv_https___arxiv_org_abs_2305_09352 |
| institution | arXiv |
| publishDate | 2023 |
| record_format | arxiv |
| spellingShingle | Health Impacts of Public Pawnshops in Industrializing Tokyo Inoue, Tatsuki General Economics Economics This study is the first to investigate whether pawnshops, financial institutions for low-income populations, have contributed to the decline in mortality in the early twentieth century. Using ward-level panel data from Tokyo City, this study revealed that the popularity of public pawnshops was associated with a 4% and 5% decrease in infant mortality and fetal death rates, respectively, during 1927-1935. The historical context implies that the potential channels of the relationships were improving nutrition and hygiene and covering childbirth costs. Moreover, a cost-effectiveness calculation highlighted that the establishment of public pawnshops was a cost-effective public investment for better public health. Contrarily, for-profit private pawnshops showed no significant association with health improvements. |
| title | Health Impacts of Public Pawnshops in Industrializing Tokyo |
| topic | General Economics Economics |
| url | https://arxiv.org/abs/2305.09352 |