Abstract
In the past decade, China's birth rate and population growth rate have fallen off a cliff, the dependency ratio of the elderly has increased significantly, the aging trend of Chinese society has become more and more obvious, and the pressure on children to support the elderly has gradually increased. In 2009, the Chinese government began to implement a new type of rural social endowment insurance, commonly known as new agricultural insurance, and Chinese farmers now have their own pensions for the first time in thousands of years. Based on this social background, this paper will conduct a comparative study on the changes in the working hours of the elderly in rural areas before and after the introduction of the new agricultural insurance, so as to analyze the impact of the new agricultural insurance on the rural labor market. This paper uses the data from the CHATLES 2011 and 2018 follow-up surveys, and the author randomly selects 1,000 elderly people over the age of 60 from the rural and non-rural populations respectively for working hours comparison. Judging from the current results, the labor pressure of the rural elderly population of the new agricultural insurance policy has been alleviated, but the average working hours of the rural elderly population with the new agricultural insurance have not been significantly shortened compared with the rural elderly population without the new agricultural insurance.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Bairoliya, N., Canning, D., Miller, R., Saxena, A.: The macroeconomic and welfare implications of rural health insurance and pension reforms in China. The Journal of the Economics of Ageing 11, 71–92 (2018). https://doi.org/10.1016/j.jeoa.2017.01.004
Cai, Y., Cheng, Y.: Pension reform in China: Challenges and opportunities. Journal of Economic Surveys 28(4), 636–651 (2014). https://doi.org/10.1111/joes.12082
Eggleston, K., Sun, A., Zhan, Z.: The impact of rural pensions in China on labor migration. The World Bank Economic Review (2016). https://doi.org/10.1093/wber/lhw032
Li, Z., Wu, X.: Social policy and political trust: Evidence from the New Rural Pension Scheme in China. The China Quarterly 235, 644–668 (2018). https://doi.org/10.1017/s0305741018000942
Shen, D.C., Williamson, D.J.: China’s New Rural Pension Scheme: Can it be improved? International Journal of Sociology and Social Policy 30(5/6) (2010). https://doi.org/10.1108/01443331080000426
Shen, Z., Zheng, X., Yang, H.: The fertility effects of public pension: Evidence from the New Rural Pension Scheme in China. PLOS ONE 15(6) (2020). https://doi.org/10.1371/journal.pone.0234657
Shi, S.-J.: Left to market and family? again? ideas and the development of the rural pension policy in China. Social Policy & Administration 40(7), 791–806 (2006)
Almond, G.A., Verba, S.: The civic culture: Political attitudes and democracy in five nations. Princeton University Press (2015)
Bian, Y.J., Li, L.L.: The chinese general social survey (2003–8): sample designs and data evaluation. Chinese Sociological Review 45(1), 70–97 (2012)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2023 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Liu, X. (2023). The Impact of China’s New Rural Social Endowment Insurance on China’s Elderly Labor Market. In: Dang, C.T., Cifuentes-Faura, J., Li, X. (eds) Proceedings of the 2nd International Conference on Business and Policy Studies. CONF-BPS 2023. Applied Economics and Policy Studies. Springer, Singapore. https://doi.org/10.1007/978-981-99-6441-3_144
Download citation
DOI: https://doi.org/10.1007/978-981-99-6441-3_144
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-99-6440-6
Online ISBN: 978-981-99-6441-3
eBook Packages: Political Science and International StudiesPolitical Science and International Studies (R0)