IDEAS home Printed from https://ideas.repec.org/a/eee/chieco/v83y2024ics1043951x23001670.html
   My bibliography  Save this article

The income redistribution effect of social security in China

Author

Listed:
  • Yang, Sui
  • Zhao, Xiaoman

Abstract

Based on the data collected by China Household Income Project (CHIP), this paper compares the redistribution effect of China's social security in 2013 and 2018, respectively. The results show that the overall redistribution effect of China's social security has been enhancing. First, social security transfer income has played a moderate role in narrowing income inequality, while social security contribution, especially the medical insurance contribution, has widened the income gap. Second, the redistribution effects of social security on rural residents and migrant workers have increased. Third, social security effectively offset the growing income gap due to market factors in eastern China but failed to realize it in central and western China. Fourth, the narrowing of the urban-rural-migrant gap and regional gap in social security has promoted the enhancement of the overall redistribution effect of social security. Fifth, compared with high-income countries, the redistribution effect of China's social security system operated on a much smaller scale. We conclude by putting forward some policy suggestions.

Suggested Citation

  • Yang, Sui & Zhao, Xiaoman, 2024. "The income redistribution effect of social security in China," China Economic Review, Elsevier, vol. 83(C).
    • Handle: RePEc:eee:chieco:v:83:y:2024:i:c:s1043951x23001670
    DOI: 10.1016/j.chieco.2023.102082
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1043951X23001670
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.chieco.2023.102082?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:chieco:v:83:y:2024:i:c:s1043951x23001670. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/chieco .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.