IDEAS home Printed from https://ideas.repec.org/p/ags/aaea16/236161.html
   My bibliography  Save this paper

The Impact of Fiscal Subsidy on China’s New Rural Pension System

Author

Listed:
  • Lin, Benxi
  • Zhang, Yu Yvette
  • Lin, Zongjian
  • Wang, Yongli
  • Liu, Weiping

Abstract

This paper studied the impact of fiscal subsidies on the participation rate and contributions of the rural residents in the China’s New Rural Pension Scheme (NRPS) program, where the fiscal subsidies include the incentive pension and the matching subsidy. The results showed that incentive Pension can significantly improve the rural residents' participation rates, but participation rate of young residents are less than the older residents. We also showed that matching subsidy does not affect the rural residents' participation significantly. Our results suggest that the current fiscal subsidies play an important role in the establishment and expansion of the NRPS program, but have not increased the participation rate of younger people, which was one of the initial goals of NRPS.

Suggested Citation

  • Lin, Benxi & Zhang, Yu Yvette & Lin, Zongjian & Wang, Yongli & Liu, Weiping, 2016. "The Impact of Fiscal Subsidy on China’s New Rural Pension System," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 236161, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea16:236161
    DOI: 10.22004/ag.econ.236161
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/236161/files/ChinaRuralPensionAAEAsubmission.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.236161?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Community/Rural/Urban Development; Institutional and Behavioral Economics; International Development; Public Economics;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaea16:236161. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.