Whether The Basic Medical Insurance For Urban And Rural Residents Promotes The Consumption Of Rural Floating Population?

Under the background of the new development paradigm of dual circulation and the continuous promotion of new urbanization in our country,the consumption of rural floating population has received much attention from the academic circle.The construction of social security system is a fundamental measure to expand the consumption demand of residents.It is of great significance to study the impact of the Basic Medical Insurance for Urban and Rural Residents on the consumption of rural floating population after the merger of urban and rural medical insurance system.Based on the data from China Migrants Dynamic Survey in 2018,this thesis studied the promoting effect of the Basic Medical Insurance for Urban and Rural Residents on the consumption of rural floating population.Based on OLS Regression,Instrumental Variable Method(IV)and Propensity Score Matching Method(PSM)were used to alleviate the endogeneity problem and self-selection problem.Study found that the Basic Medical Insurance for Urban and Rural Residents can significantly promote the consumption of the rural floating population and the promoting effect differed among groups.The Basic Medical Insurance for Urban and Rural Residents played a greater role in promoting the consumption of rural floating population with low or medium consumption level,good health,long mobility time,intra-provincial mobility and dwelling willing.In addition,through the mechanism test,this thesis also found that there were both income effect and psychological expectation effect in the process of promoting the consumption of rural floating population.For rural floating population with poor health,the income effect was greater than the psychological expectation effect.For rural floating population with good health,the psychological expectation effect is greater than the income effect.There was a positive correlation between income effect and health support ability of the Basic Medical Insurance for Urban and Rural Residents.Finally,this thesis put forward suggestions from the aspects of enhancing the insurance participation consciousness of rural floating population,improving the pooling level of the Basic Medical Insurance for Urban and Rural Residents,optimizing the direct settlement system for crossprovince medical treatment,reducing the payment ratio and improving the treatment level,so as to fully release the consumption potential of rural floating population.