The Spatial Econometric Analysis Of China's Urban Pension Fund Solvency From The Perspective Of Assets And Liabilities

Facing the increasingly serious social pension problem,the solvency and regional development gap of China's pension fund have been widely concerned by academia and society.At present,there are two outstanding structural contradictions in the endowment insurance fund: first,the vertical aging is increasing,and the future payment pressure of the endowment insurance fund will continue to increase;second,the horizontal distribution of the endowment insurance fund is unbalanced,and the current payment gap appears in some provinces.From the perspective of assets and liabilities,this paper establishes the evaluation system of the solvency of China's urban endowment insurance funds,uses panel data of 31 provinces and cities in 2010-2017 to carry out actuarial evaluation on the asset and liability stock of urban endowment insurance funds,and conducts empirical research on the spatial pattern and dynamic spatial effect of the provincial solvency according to the evaluation results.The main research contents are as follows:First of all,the research background,research significance and related research status at home and abroad are described,and the concept and theoretical basis related to the theme are combed to lay the foundation for the research content of this paper;Secondly,based on the balance sheet of endowment insurance fund,an evaluation system is established for the solvency of urban endowment insurance fund in China.The solvency ratio of provincial endowment insurance fund is calculated by considering the solvency of current and future present value of endowment insurance fund,and the difference of solvency between regions is analyzed;Thirdly,the paper analyzes the spatial pattern of the solvency of urban endowment insurance fund from the scale,intensity and development path of the space,which can preliminarily determine the spatial spillover effect of the solvency of provincial urban endowment insurance fund.Then,the paper chooses the suitable spatial measurement model,and analyzes the mechanism of the spatial spillover effect of the solvency of urban endowment insurance fund through the decomposition of its influencing factors;Finally,based on the above empirical results,some suggestions are put forward to improve the solvency of provincial endowment insurance funds and narrow the regional pension gap.This paper explores the mechanism of urban endowment insurance fund solvency level and its influencing factors' spatial effect,summarizes the level of regional endowment insurance fund solvency and the spatial evolution pattern of regional interaction,provides new ideas and methods for promoting the regional coordinated development of endowment insurance fund solvency,and promotes the improvement and area of endowment insurance system The development of regional economy has certain practical significance.