The Labor Supply Effect of the New Rural Social Endowment Insurance

Empirical Analysis Based on CHALRS Data

DOI

10.2991/assehr.k.210121.115How to use a DOI?

Keywords

The new rural social endowment insurance, Labor supply, Propensity score matching

Abstract

Using the data from the China Health and Senior Care Tracking Survey (CHARLS), a Tobit model was established to investigate the impact of the new rural insurance on the labor supply of rural middle-aged and elderly people, and propensity score matching (PSM) was used to deal with the self-selection of samples. The results show that the new rural insurance does not have a significant impact on the total labor supply of the rural middle-aged and elderly people, but the distribution of labor time has changed significantly, non-agricultural employment time has decreased, and agricultural self-employment time has increased. With the change of rural residents’ concept and the continuous improvement of family income level, the guarantee and “catalysis” role of the new rural insurance will be further brought into play, and the significance of rural residents’ life and rural economic development will become more and more significant.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xipei Zhu
PY  - 2021
DA  - 2021/01/23
TI  - The Labor Supply Effect of the New Rural Social Endowment Insurance
BT  - Proceedings of the 6th Annual International Conference on Social Science and Contemporary Humanity Development (SSCHD 2020)
PB  - Atlantis Press
SP  - 567
EP  - 572
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210121.115
DO  - 10.2991/assehr.k.210121.115
ID  - Zhu2021
ER  -