中文摘要：

本文利用2010-2012年中国家庭追踪调查的数据,考察了新农保对农村居民创业活动的影响。研究发现,参加新农保能使得农村家庭创业的概率提高1.9个百分点。在使用固定效应模型及工具变量模型克服潜在的内生性问题后,估计结果保持稳健。进一步的研究发现,参加新农保对创业家庭的经营资产规模和盈利水平影响并不显著,原因可能是新农保的保障水平较低。分样本的讨论表明,新农保的效果对城乡移民、高物质资本、高人力资本和高社会资本的家庭更为明显。

英文摘要：

Despite the recent hot debate of the＂mass entrepreneurship＂in contemporary China,little attention has been paid to the rural entrepreneurship. Based on the survey data from China Family Panel Studies,this paper investigates the impacts of China＇s New Rural Pension System on rural households＇ entrepreneurial activities. We show that enrollment in the New Rural Pension System has a significantly positive effect on one＇s chances of becoming an entrepreneur,but no significant effect on the asset and profit level of one＇s firm. A reason for this could be that the pension replacement ratio is too low. Further analysis shows that the New Rural Pension System has larger impacts on rural- urban migrant families,as well as on families with a higher level of income,education,or social capital.