关键词: 基本公共教育服务均等化, 两免一补, 受教育年限, 收入, 人力资本

Abstract: Equalization of basic public education services is an important mechanism to achieve educational equity and common prosperity Using the microdata of 2019 China Household Finance Survey （CHFS） and based on a quasinatural experiment of the gradual promotion of “two exemptions and one subsidy”，this paper investigates the longterm effects of the equalization of basic public education services from the dual perspectives of schooling assistance and income generation The study finds that：First，the “two exemptions and one subsidy” policy，as a “big push” to promote the equalization of basic public education services，can significantly improve the years of schooling and income level of beneficiary individuals，that is，there are significant schooling and income effects；second，in terms of income sources，“two exemptions and one subsidy” policy has a more significant impact on nonagricultural employment，especially the income of migrant workers，that is，there is heterogeneity；third，in terms of channels，“two exemptions and one subsidy” policy can promote the income of beneficiaries by improving their human capital level Further study finds that the relative lag of industrial development in the backward regions would restrict the allocation of human resources in the labor market，thus leading to a low rate of return to education

Key words: equalization of basic public education services, two exemptions and one subsidy, years of schooling, income, human capital