The Impact of Internet Use on Labor Participation of Young-Old People:From the Perspective of Enhancing Human Capital of Older People
Based on the theory of human capital,this paper constructs the impact mechanism of"Internet use-human capital of older people-labor participation rate".The data from the China Health and Retirement Longitudinal Study(CHARLS)in 2018 and 2020 were used to conduct empirical testing by using the Probit model,Ⅳ Probit model,and propensity score matching(PSM)method.The results show that internet use can significantly promote the proba-bility of labor participation of the young-old,and increase the likelihood of labor participation of the young-old by enhancing their human capital.The above conclusions are still valid after endogenous control and robustness tests are carried out using some other methods.Additionally,Internet use exerts a lesser positive impact on the labor participation of highly educated the young-old.Internet use has a significant positive impact on the self-employment of the young-old,and the average marginal effect is larger than the impact on employed work.The results can provide policy implications for improving the level of human capital and promoting the labor participation of the the young-old.
Internet UseThe Young-OldLabor ParticipationHuman Capital