Analysis on the Peasants´ Desire for Participation in the Social Insurance in Rural Areas: Based on Sample Survey in Wuhan

Based on a survey of peasants who lived in rural community in Wuhan City Hubei Province in China, this paper examines the peasantspsila desire for social insurance in rural areas using the multinomial logistic model. The study finds that the peasantspsila desire for social insurance in rural areas is remarkably affected by individual and family characteristics, such as age, number of children, and year of the family net income. Based on these findings, this paper proposed some measures for the issue of rural old-age pension, such as increasing government input, constructing multi-support endowment insurance in rural areas.