Study on Endogenous Population Growth and Effectiveness of Fertility Policy -- Theoretical Framework based on Dynamic General Equilibrium

DOI

10.2991/ielss-19.2019.75How to use a DOI?

Keywords

Endogenous Population Growth; Fertility Policy; Child-rearing Costs.

Abstract

Assessing Fertility Policy effectiveness by the theory of endogenous population growth will provide the theoretical references for universal two-child policy. We have established a dynamic general equilibrium mode includes family, business and government, 3 kinds of Fertility Policies about quantity, economy and child-rearing time are brought into the mode. The endogenous population growth mechanisms are deduced and the effectiveness of different Fertility Policy is assessed by the numerical simulation. The results have shown there are mutual constraint relationships between population growth and economic development. Economical Fertility Policies have the strongest effect to adjust fertility rate, but may be cause fertility accumulation; the effect of polices about child-rearing time occupies second place; the quantitative Fertility Policy effect is the weakest. The above conclusions have implications for optimization of current China’s Fertility Policy.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Meng Zhang
AU  - Yang Liu
AU  - Jing Cheng
PY  - 2019/08
DA  - 2019/08
TI  - Study on Endogenous Population Growth and Effectiveness of Fertility Policy  -- Theoretical Framework based on Dynamic General Equilibrium
BT  - Proceedings of the 1st International Symposium on Innovation and Education, Law and Social Sciences (IELSS 2019)
PB  - Atlantis Press
SP  - 388
EP  - 398
SN  - 2352-5398
UR  - https://doi.org/10.2991/ielss-19.2019.75
DO  - 10.2991/ielss-19.2019.75
ID  - Zhang2019/08
ER  -