Open AccessChinese Fertility and Economics Exploration based on Time and Space
Author(s) -
Xiaowei Jiang
Publication year - 2022
Publication title -
bcp business and management
Language(s) - English
Resource type - Journals
ISSN - 2692-6156
DOI - 10.54691/bcpbm.v17i.384
Subject(s) - fertility , total fertility rate , economics , per capita income , per capita , china , sub replacement fertility , family planning policy , birth rate , demographic economics , family planning , demography , geography , population , sociology , archaeology , research methodology
Chinese fertility policy has changed from family planning to two child policy and even three child policy. China's fertility rate is declining year by year and its economy is growing rapidly. Based on the background, this paper studies the relationship between China's fertility rate and economy over time and across space, mainly focuses on the income effect of economy on fertility, and discusses the impact of national fertility policy on its relationship. This paper mainly uses the reproducible utility model of Gary S. Becker (1998) and applies the linear regression OLS model to analyze the fertility rate and per capita GDP over time and across space. According to the analysis, the fertility rate shows a downward trend with the growth of per capita GDP over time, but the rate of decline is gradually slowing down. Moreover, the impact of national fertility policy on the relationship between fertility and per capita GDP is relatively significant. Regionally, the highest fertility rate and the response of fertility rate to economic growth is in the western region, while the lowest is in the eastern region. This study reveals the income effect of China's fertility policy on the economic status of fertility. In the family planning stage, the income effect has a negative impact on fertility, while after the implementation of the second child policy, the income effect has no impact on fertility. This paper points out that the fertility policy should continue to be liberalized, so that the income effect has a positive impact on the fertility rate.