Public pension policy, substitution income, and poverty reduction: Evidence from China

被引：1

作者：

Zhan, Peng ^{[1
]}

Zhang, Anqi ^{[2
]}

Ma, Xinxin ^{[3
]}

机构：

[1] Zhejiang Univ, Sch Publ Affairs, Hangzhou, Zhejiang, Peoples R China

[2] Shanghai Customs Coll, Sch Customs & Publ Econ, 5677 West Hua Xia Rd, Shanghai 201204, Peoples R China

[3] Hosei Univ, Fac Econ, 4342 Machita Shi Aiharamachi, Tokyo 1940298, Japan

来源：

ECONOMIC ANALYSIS AND POLICY | 2023年 / 80卷

关键词：

Pension; Substitution income; Poverty reduction; Income distribution; Rural China; REDISTRIBUTION; WELFARE;

D O I：

10.1016/j.eap.2023.09.035

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper investigates the pension effect on poverty reduction in rural China, considering the influences of potential substitution income, including earned and transfer income from older adults and children, respectively. The study created a counterfactual group to impute potential substitution income from the income distribution perspective. We find that when substitution income is not considered, pension effect on poverty reduction may be overestimated. Comparing the two types of substitution income, earned income is found to have a larger effect than that of transfer income from children, and it is significantly more for the middle-and high-income groups. The substitution relationship between pensions and earned income has increased in China in recent years. (c) 2023 Economic Society of Australia, Queensland. Published by Elsevier B.V. All rights reserved.

引用

页码：1138 / 1154

页数：17

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