The Influence of Rural Basic Pension Insurance on the Migration Decisions of Rural Migrant Workers:An Analysis Based on Labor Time and Safety Factors
The study utilizes data from the China Labor-force Dynamics Survey(CLDS)in 2016 and 2018 to examine the impact of participation in the rural basic pension insurance on the return migration decisions of rural migrant workers.The are following findings:Firstly,participating in rural basic pension insurance significantly promotes the return of migrant workers.From the perspective of loca-tion,the return of migrant workers to work in counties and the return of migrant workers from outside counties to work in farming are significant.The above conclusions are also supported by using the instrumental variable method and the propensity score matching method(PSM)for estimation;Secondly,analyses based on the"wage-leisure"model and Maslow's Hierarchy of needs theory show that demands for working hours and work safety are important mechanisms for rural basic pension insurance to affect the return of mi-grant workers;Thirdly,heterogeneity analysis indicates that family income level is an important moderating factor in the rural basic pension insurance's promotion of the return migration of rural migrant workers;Fourthly,further analysis demonstrates that the judg-ment regarding the"non-portability"of rural basic pension insurance as an intermediate mechanism for promoting the return migration of insured migrant workers lacks theoretical and empirical support.This study provides empirical evidence and policy implications for alleviating the return of rural migrant workers triggered by rural basic pension insurance.
Rural Basic Pension InsuranceMigrant Workers'ReturnWorking HoursJob SecurityHousehold Income