The effects of equalization of regional basic public services on multidimensional vulnerability: evidence from China

Based on the four waves of micro panel data from the China Family Panel Studies (CFPS), this study uses a two-way fixed effect model to analyse the impact of equalization of regional basic public services on the multidimensional vulnerability of families and its mechanism. The main findings of this study are as follows, firstly, regional basic public services and its equalization can significantly alleviate the multidimensional vulnerability of families; Secondly, regional basic public services and its equalization can reduce the multidimensional vulnerability of families by improving the level of regional economic development; Thirdly, the impact of regional basic public services and its equalization on the multidimensional vulnerability of households vary significantly among different groups, urban and rural areas, and different regions.