Inhibitory effect of elderly care on rural household entrepreneurship——An analysis based on the China Family Panel Studies data
To explore the impact of the increase in the family elderly care ratio due to rural aging on rural household entrepreneurial decisions,this paper employs the Probit model using data from the China Family Panel Studies(CFPS)spanning 2014 to 2020 to conduct an empirical analysis.The study reveals that an increase in the family elderly care ratio significantly inhibits rural household entrepreneurship.This negative impact is particularly pronounced among male owners of households and in the central and western regions of China.The analysis also shows that the increased elderly care ratio exacerbates the economic and caregiving burdens on children,thereby hindering rural household entrepreneurship.Furthermore,testing the moderating effect of intergenerational support from elderly parents indicates that such support not only promotes rural household entrepreneurship but also mitigates the negative impact of the elderly care ratio on rural household entrepreneurial decisions.The study suggests expanding the coverage of social insurance,gradually increasing the basic pension level of rural pension insurance,and promoting the construction of the rural social security system through the expansion of social services.Additionally,it advocates for supporting and guiding the construction of modern rural families with Chinese characteristics by providing training courses on household management,children's education,elderly care,and mental health,offering economic subsidies to rural families maintaining traditional family structures,and promoting family-based cultural activities and community interactions.In addition,it is recommended to emphasize the contributions of the elderly to rural households and society,enhance medical and health services in rural areas,and strengthen elderly health management and skills training.These measures are essential strategies to effectively address the challenges of aging,alleviate the elderly care pressure on rural families,reduce the inhibitory effect of elderly care on household entrepreneurial decisions,and contribute to the comprehensive revitalization of rural areas.
rural revitalizationrural household entrepreneurshipelderly careintergenerational supportfamily elderly care