Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 53 , 01 December 2023
Open
Access | Article
Research on the Impact of Implementing the Three Child Policy: Perspective from a Social and Economic
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Abstract
Over the past decade, China has seen a decline in birth rate as well as an aging population. In May,2021, Chinese government has announced three-child policy to further restore the demographic structure following the failure of two-child policy. Using the latest data collected from China National Bureau of Statistics, Statista, World bank and Global data, this paper examines the effect of the three-child policy on the raising fertility rate and on female labor market. According to the quantitative analysis, it is found that the three-child policy has been almost ineffective on increasing birth rate to date, and it did not improve the intention for the young couples to have more children. Based on the data, the policy indeed reduced female employment and worsened gender discrimination in workplace, which widened the gender wage gap. Therefore, these studies also provide some theoretical and practical measures to safeguard female employment rights and ensure sustainable development. Approaches in this paper are presented for better understand the policy consequences and promoting them.
Keywords
three-child policy, labour economics, lower fertility rate, female employment rate, gender wage gap
References
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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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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-153-7
- ISBN (Online)
- 978-1-83558-154-4
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/53/20230785
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited