Break with "Falling leaves return to their roots"? The Effect of Home-Based and Community-Based Care for Older Adults pilot on Chinese Migrants' Long-Term Residence Intention
15:30-17:00, Friday, December 23, 2022
Tencent Meeting（Meeting ID：190 250 874）
Dr. Guochang ZHAO is now a professor at Research Institute of Economics and Management, Southwest University of Finance and Economics. He received his Ph.D in Economics from Australian National University. His research fields are Labour Economics Education Economics and Applied Econometrics. His papers have been published in Journal of Development Economics, China Quarterly, China Economic Review, Labour Economics, Scandinavia Journal of Economics, Economic Research Journal (Jingji Yanjiu), the Journal of World Economy (Shijie Jingji), Statistical Research (Tongji Yanjiu), among others.
Traditionally, moving back to hometown for eldercare is one of the top choices. Providing better elder care service may break with this tradition. We test this hypothesis and examine the effect of providing elder care service on the migrants' long-term residence intention by exploiting the Home-Based and Community-Based Care for Older adults pilot (HCCO) in China. Using the state-of-the-art difference-in-difference method (DID_M), we find that the pilot led to a 3.6 percentage point increase in the propensity of migrants' long-term residence intention, but this effect diminishes over time. Heterogeneity analyses show that the effects are mainly concentrated among the high socio-economics status migrants and those with old parents. The results suggest that getting parents better elder care service is the main mechanism, but the decision is constrained by the economic conditions.
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