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The Impact of the Two-child Policy on the Regional Economy

In: Proceedings of the 2023 International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2023)

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  • Yunqi Fang

    (RenHe High School)

Abstract

The implementation of the comprehensive two-child policy will have a profound impact on China's demographic structure in the long term, and will stimulate the growth of demand in related economic fields and bring vitality to economic development in the short term. In this paper, by constructing a multiple linear regression model, taking eleven prefecture-level cities in Zhejiang Province as an example, we found that the implementation of the comprehensive two-child policy will make the GDP grow by 0.191 trillion yuan after regression analysis, and the higher the initial GDP of different provinces and cities, the greater the impact of the two-child policy on them.

Suggested Citation

  • Yunqi Fang, 2024. "The Impact of the Two-child Policy on the Regional Economy," Advances in Economics, Business and Management Research, in: Peng Dou & Keying Zhang (ed.), Proceedings of the 2023 International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2023), pages 760-771, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-441-9_64
    DOI: 10.2991/978-94-6463-441-9_64
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