The Impact Of Social Security Expenditure On The Urban And Rural Income Gap In Jiangsu Province

Social security is one of the important social and economic systems.It is also the main system regulating the redistribution of social wealth.The economic level of Jiangsu province has always been in the forefront of the country,but it also faces the problem of large income gap between urban and rural residents.Whether the social security system of Jiangsu province has effectively played its role in adjusting income distribution is an urgent issue to be studied.This paper is based on the relevant data of Jiangsu province's fiscal social security expenditure and urban-rural income gap from 2007 to 2017.Based on the theoretical basis of social security expenditure and income distribution,the paper firstly analyzes the urban-rural income gap in Jiangsu province and the status quo of financial social security expenditure,and then establishes a relevant model to test the specific relationship between social security expenditure and income distribution of urban and rural residents through empirical analysis.Through data analysis,it is concluded that the scale of social security expenditure in Jiangsu province shows an upward trend during the 11 years,but it accounts for a low proportion of total fiscal expenditure and regional GDP.The urban-rural income gap is still at a relatively high level.The empirical test found that Jiangsu province public expenditures to narrow the gap between urban and rural residents income has a positive effect,long-standing duality structure leads to the urbanization level of fiscal spending on social security and income gap has certain influence,at the same time the urban and rural residents' income gap enlargement have negative impact on economic growth.According to the research structure,this paper puts forward some suggestions from the perspective of social security to narrow the income gap between urban and rural residents,that is,to expand the scale of financial social security expenditure and improve the efficiency of capital use;We should increase input in social security in rural areas to protect the rights and interests of land-lost farmers.We also need to improve the overall planning for urban and rural social security and improve the system of transfer payments.This article combines with the actual situation of Jiangsu province and the relevant policies of social security system projects.The present situation and the correlation between urban-rural residents income gap and the public social security expenditure are analyzed in detail.It can help identify the imperfect part of theexisting security system in Jiangsu province,which has a certain guiding significance to improve the social security system and narrow the gap between the income of urban and rural residents.