The Impact of the New Rural Pension Scheme on Retirement Sustainability in China: Evidence of Regional Differences in Formal and Informal Labor Supply

被引：20
|
作者：
Lin, Benxi [1 ]
Lin, Zongjian [2 ]
Zhang, Yu Yvette [3 ,4 ]
Liu, Weiping [1 ]
机构：
[1] Fujian Agr & Forestry Univ, Sch Econ, Fuzhou 350002, Fujian, Peoples R China
[2] Nankai Univ, Zhou Enlai Sch Govt, Tianjin 300071, Peoples R China
[3] Fujian Agr & Forestry Univ, Sch Management, Fuzhou 350002, Fujian, Peoples R China
[4] Texas A&M Univ, Dept Agr Econ, College Stn, TX 77843 USA
来源：
SUSTAINABILITY | 2018年 / 10卷 / 12期
基金：
中国国家自然科学基金;
关键词：
China Rural Pension Scheme; retirement sustainability; labor supply; grandchildren care; Western China; ceaseless toil; SOCIAL-SECURITY; FORCE PARTICIPATION; SYSTEM REFORM; HOUSEHOLDS; SELECTION; PROGRAM; MODEL;
D O I：
10.3390/su10124366
中图分类号：
X [环境科学、安全科学];
学科分类号：
08 ; 0830 ;
摘要：
This paper evaluates the effect of China's New Rural Pension Scheme (NRPS) on the retirement sustainability in forms of formal labor supply and informal labor supply in terms of care of grandchildren, using data from China Health and Retirement Longitudinal Study (CHARLS). We explore the regional differences of the NRPS effect on labor supply between the West and the other regions of China. Our analysis shows that rural Western China has a more severe problem of "ceaseless toil" compared to the rest of the country. We find that NRPS improves the "ceaseless toil" situation of the Chinese rural elderly especially in Western China. Our results suggest the need to increase the amount of NRPS payment, and to develop a region-specific pension programs in China.
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页数：7
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