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The fertility effects of public pension: Evidence from the new rural pension scheme in China
- Source :
- PLoS ONE, PLoS ONE, Vol 15, Iss 6, p e0234657 (2020)
- Publication Year :
- 2020
- Publisher :
- Public Library of Science (PLoS), 2020.
-
Abstract
- Public pension insurance has become a major form of social protection around the world. However, little is known about the association between public pension expansion and individuals' fertility in developing economies. In this paper, we examine the effects of the New Rural Pension Scheme (NRPS) on the fertility of married women in rural China. Using data from the China Family Panel Studies (CFPS), the difference-in-differences approach is employed to estimate the impact of NRPS expansion on fertility outcomes. The robustness of results is checked through additional estimations, including difference-in-differences with propensity score matching, fixed-effects model, and instrumental variable approach. Results show that the NRPS expansion has a significantly negative effect on the number of children, and it reduces the likelihood of having a second child. The fertility-reducing effect of the NRPS is larger for the younger, well-educated women and those in high-income families. Considerations of the fertility effects and their population differences are needed in the impact evaluations of relevant public pension reform.
- Subjects :
- Rural Population
Economics
050204 development studies
Social Sciences
Geographical Locations
Families
Sociology
Medicine and Health Sciences
Human Families
050207 economics
Welfare (Social Security)
Fertility Rates
Children
media_common
Family Characteristics
education.field_of_study
Schools
Multidisciplinary
05 social sciences
Instrumental variable
Social protection
Income
Medicine
Regression Analysis
Female
Public Pensions
Social Welfare
Research Article
Adult
China
Asia
Science
Political Science
Total fertility rate
media_common.quotation_subject
Population
Developing country
Public Policy
Fertility
Welfare Economics
Education
Pensions
Health Economics
Population Metrics
0502 economics and business
Humans
education
Pension
Population Biology
Biology and Life Sciences
Health Care
Age Groups
People and Places
Propensity score matching
Population Groupings
Demographic economics
Health Insurance
Subjects
Details
- ISSN :
- 19326203
- Volume :
- 15
- Database :
- OpenAIRE
- Journal :
- PLOS ONE
- Accession number :
- edsair.doi.dedup.....18c0fa11a4ac4e66b6044aa47bb699ba