Abstract Based on the survey data of China comprehensive social survey (CGSS) in 2015, this paper adopts the Ordered Probit Regression model to empirically analyze the effect of social endowment insurance on the sense of relative deprivation of rural elderly. The research shows that social endowment insurance is conducive to alleviating the sense of economic and social deprivation of the rural elderly. When endogenous problem is eliminated by using instrumental variables, the research conclusions stay strong. The results of the investigation on the influencing mechanism show that the social endowment insurance reduces the sense of relative deprivation by improving the social trust, health status and political participation of the rural elderly. Further analysis of the heterogeneity test shows that the effect is higher of social endowment insurance on the relative sense of deprivation among rural males, the 80 year-olds and above, and the elderly below the poverty line. Based on this, the paper believes that a linkage growth mechanism between basic pension and household consumption index should be established, that the targeted poverty alleviation policy should be advocated to favor rural elderly groups, and that a social atmosphere of paying attention to and caring for rural elderly should be created in order to gradually eliminate the sense of relative deprivation.
WANG Lian-jie. Research on the Effect of Social Endowment Insurance on the Sense of Relative Deprivation of the Rural Elderly. Economic Survey, 2019, 36(2): 033.
2019, Vol. 36 
