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Family Fertility Cost Estimation Based on CFPS Data
- 1 Huazhong Agricultural University
* Author to whom correspondence should be addressed.
Abstract
The "demographic dividend" has brought abundant labor resources and low labor costs to our country. However, the official data released by the National Bureau of Statistics in 2021 shows that China's total fertility rate is 1.3. With the obvious trend, this endowment advantage will no longer exist. It is of great significance in contemporary China to calculate the cost of family fertility that leads to low fertility willingness, and to formulate policies to increase the fertility rate. Therefore, the paper builds a model to calculate the cost of family fertility in China through the equivalence scale theory, and calculates that the equivalence scale level of the family fertility cost in China is 1.41, which is a relatively high level in the world. On this basis, the paper analyzes the reasons for the high cost of fertility, and summarizes the shortcomings of the paper's research, therefore putting forward suggestions for future research.
Keywords
family fertility cost, equivalence scale theory, fertility rate
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Cite this article
Wang,Y. (2023). Family Fertility Cost Estimation Based on CFPS Data. Advances in Economics, Management and Political Sciences,8,30-36.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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