IDEAS home Printed from https://ideas.repec.org/a/eee/ecmode/v151y2025ics0264999325002019.html
   My bibliography  Save this article

Policy combinations, high-quality population development, and China's economic growth: An endogenous fertility model

Author

Listed:
  • Xu, Heng
  • Pan, Shiyuan

Abstract

This study introduces public childcare policies in an overlapping generations model with endogenous fertility for the first time, combining child-rearing and education subsidy policies to examine how these policies impact fertility rates and human capital and influence long-term economic growth rate. Findings reveal that public childcare and child-rearing subsidy policies increase the fertility rate but reduce human capital, whereas education subsidies enhance human capital without increasing the fertility rate. Furthermore, a selective combination of these three types of policies can achieve the highest economic growth. Calibration using Chinese data demonstrates that strengthening these three policies can all increase economic growth rate. The policy combination that achieves the highest economic growth requires increasing public childcare time by 5.11 times and education subsidies by 38.47 times the current levels, while not implementing child-rearing subsidy policies.

Suggested Citation

  • Xu, Heng & Pan, Shiyuan, 2025. "Policy combinations, high-quality population development, and China's economic growth: An endogenous fertility model," Economic Modelling, Elsevier, vol. 151(C).
    • Handle: RePEc:eee:ecmode:v:151:y:2025:i:c:s0264999325002019
    DOI: 10.1016/j.econmod.2025.107206
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0264999325002019
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.econmod.2025.107206?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • E0 - Macroeconomics and Monetary Economics - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:ecmode:v:151:y:2025:i:c:s0264999325002019. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30411 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.