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Social Insurance Contribution Rate Reduction and Firm Activity Evidence from Big Data of Chinese Enterprises

Published: 13 July 2021 Publication History

Abstract

This study estimates the effect of reducing social insurance contributions on firm insurance behavior and firm activity using a standard difference-in-differences strategy and rich tax survey data from China. This quantitative approach contributes to the literature by providing better estimates of causality, from more perspectives, thus delivering more credible conclusions. We find that reducing social insurance contributions can affect firm insurance behavior through compliance. On the one hand, lowering the contribution rate has led to an increase in compliance. On the other hand, reducing the policy contribution rate has had a positive impact on companies’ per capita salary and investment, which helps to achieve the policy goals of stabilizing employment, promoting investment, and sustaining economic growth.

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  • (2022)Arquitectura de consolidación de la información para seguros de la salud mediante Big DataMemoria Investigaciones en Ingeniería10.36561/ING.23.3(18-31)Online publication date: 20-Dec-2022

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cover image ACM Other conferences
ICSIM '21: Proceedings of the 2021 4th International Conference on Software Engineering and Information Management
January 2021
251 pages
ISBN:9781450388955
DOI:10.1145/3451471
Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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Association for Computing Machinery

New York, NY, United States

Publication History

Published: 13 July 2021

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Author Tags

  1. China
  2. Compliance
  3. Insurance Behavior
  4. Investment
  5. Social Insurance Contributions

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  • (2022)Arquitectura de consolidación de la información para seguros de la salud mediante Big DataMemoria Investigaciones en Ingeniería10.36561/ING.23.3(18-31)Online publication date: 20-Dec-2022

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