How The Employee's Endowment Insurance Affects The Peasant-workers' Re-migration

In 2014,there is 270 million peasant-workers in China.The total quantity keeps growing,but the growth is slowing down.The peasant-workers bring much of demographic dividend to economic and social development,but they can't cover by Social Security effectively.The national bureau of statistics shows that the urbanization rate has reached 54.8%.On the contrary,the China Academy of Social Sciences tells us that the true urbanization rate is far below the number.We need to attract more peasant-workers work and live in cities and towns,which is the key to change the urban-rural dual social structure and promote the urbanization.Based on the previous research,the paper takes the employee's endowment insurance as the peasant-workers expected income when they retire and bring it in Harris-Todaro model,that can elicit the employee's endowment insurance play positive effect in peasant-workers migration.And then the paper use the IVProbit model to study the state of CSS2011(Chinese Social Survey).The econometric analysis show the conclusion that the migration of new-generation peasant-workers and the middle-generation peasant-workers are affected by employee's endowment insurance significantly.Through the 20 peasant-workers' interview,the paper finds out how the endowment insurance affects the migration decision.In the end,the paper proposes that we can make some polices that lengthen the peasant-workers work in cities and towns and raise the wage of peasant-works,which can promote the peasant-workers take part in the employee's endowment insurance,raise the attraction of urban to peasant-workers and keep they live in the cities and towns.