Does a Public Pension Improve Rural Livelihoods?

Ziyun Wang, Zhe Li () and Wenze Xiong
Additional contact information
Ziyun Wang: Hainan Vocational University of Science and Technology, School of Accounting
Zhe Li: City University of Macau, Faculty of Finance
Wenze Xiong: University of Auckland, School of Business

A chapter in Proceedings of the 2026 2nd International Conference on Data Mining and Project Management (DMPM 2026), 2026, pp 196-202 from Springer

Abstract: Abstract This paper evaluates the impact of the New Rural Social Pension Insurance (NRSP) pilot on rural income and consumption in China. Using provincial panel data for 2000 to 2021, we estimate a difference-in-differences model with province and year fixed effects as well as province-specific linear trends. In the analysis, any province with a raw pilot start before 2009 is recoded to 2009 in order to align treatment timing with the official launch of the NRSP. Under this policy-consistent timing rule, the preferred specification shows that the NRSP pilot is associated with increases of approximately 39 per cent in rural per capita disposable income and 32 per cent in rural per capita consumption expenditure. Richer fiscal and rural-development controls leave the positive association intact, and short-run coefficients are also statistically significant. Supplementary province-year financial regressions based on county-aggregated deposit and loan balances do not provide statistically precise evidence on the savings or debt-repayment channel. The study therefore offers policy-relevant macro evidence while clarifying the identification limits that remain under a more historically consistent treatment coding.

Keywords: New Rural Social Pension Insurance; rural income; rural consumption; difference in differences; provincial panel data (search for similar items in EconPapers)
Date: 2026
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6239-689-0_19

Ordering information: This item can be ordered from
http://www.springer.com/9789462396890

DOI: 10.2991/978-94-6239-689-0_19

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().