An Empirical Study on the Effects of Social Endowment Insurance Reform in China
In recent years, China, the world’s largest population country, has also become an aging society. Social endowment insurance is not only a major source of income after retirement but also plays a major role in social stability. In 2005, large-scale social endowment insurance reform was conducted in China. Through this reform, the social endowment insurance became unifed and normalized, and the participation of the social endowment insurance was obligated for an employee. In addition, the government has issued various welfare policies so that the unemployed, free job and rural residents can join social endowment insurance. Then, this paper analyzes the effect of the reform of China social endowment insurance on the amount of Insurance premium of social endowment insurance and the distribution of family expenditure by using the DID model and the fxed effect model.
YANG Zhigang (2001). Analysis of the selection of China social endowment insurance system[J]. Economic Research Journal, 2001(5):13-19.
PENG Horan & Shen Shuguang (2007). A comparative study on the effects of endowment insurance system on income redistribution before and after the reform in China[J]. Statistical Research, 2007,24(2):33-37.
ZHENG Bingwen (2003). Nominal account: a rational choice of China’s endowment insurance[J]. Management World, 2003(8):33-65.
Ning YU, Qinghua SHI & Hongtao JIN (2010). Permanent land-use rights and endowment insurance: Chinese evidence of the substitution effect[J]. China Economy Review, 2010(21):272-281.
ZHANG Yugang (2005). Aging of population and China’s endowment insurance system reform[J]. Journal of Sichuan Normal University,2005, 32(2):18-23.
Yuan Zhigang & Song Zheng (2000). Age composition of population, the endowment insurance system and optimal savings ratio in china[J] Economic Research Journal, 2000(11):24-79.
LIU Jun (2004). The determination of social insurance contribution a theoretical and empirical analysis[J]. Journal of Finance and Economics, 2004,30(2):73-79.
QIU Changrong, ZHANG Liguang & GUO Yan(2004). Research on the comprehensive evaluation system of sustainable social endowment insurance and empirical analysis[J]. China Population, Resources And Environment 2004, 14(3):27-31.
Joshua D. Angrist & Jorn Steffen Pischke (2008). Mostly Harmless Econometrics: An Empiricist’s Companion[M]. Princeton University Press, 165-167.
- There are currently no refbacks.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.