The impact of demographic changes on the unbalanced development of the national public pension system in China’s provinces

Yu, Ming

doi:10.1007/s42379-021-00085-7

Cited by 1 publication

(1 citation statement)

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“…However, the aging of the population and unbalanced structure of the pension system impose a heavy governance burden on the fund regulator ( 3 ). Actually, the fragmentation of China's basic pension insurance system is not only characterized by geographical differences, but also by urban-rural differences ( 4 ). Therefore, the effective adjustment and allocation of the basic pension insurance system are gradually becoming an essential part of the basic security for the elderly, which is closely related to the overall situation of reform, development and stability.…”

Section: Introductionmentioning

confidence: 99%

Official tenure and governance effectiveness of China's basic pension insurance system: An inverted U-shaped curve

Si²,

Zhang³

et al. 2022

Front. Public Health

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ObjectivesBased on incentive theory of motivation, this paper aims to estimate China's basic pension insurance's annual efficiency and inter-period efficiency changes from 2015 to 2019 and further examine the relationship between official tenure and basic pension insurance governance performance.MethodsThe DEA—BCC model was used to evaluate the operating efficiency of basic pension insurance in 31 provinces of China. And four panel Tobit models were constructed to examine the heterogeneous linkages between officials' tenure and governance efficiency in different regions of China.ResultsThe results showed that there was an inverted U-shaped relationship between the official tenure and the governance efficiency of basic pension insurance. The younger an official was in his current position, the more apparent the inverted U-shaped relationship between the tenure of an official and the governance efficiency of basic pension insurance. We also found that localized government officials showed better governance efficiency of basic pension insurance. However, as the term of office of officials increased, the governance efficiency of non-localized officials showed a steeper negative effect.ConclusionThis study firstly reveals a significant relationship between the characteristics of officials and the operation of China's basic pension insurance system, which is a complement to the study of China's basic pension systems.

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Section: Introductionmentioning

confidence: 99%