scholarly journals Dealing with an aging China—Delaying retirement or the second-child policy?

PLoS ONE ◽  
2021 ◽  
Vol 16 (1) ◽  
pp. e0242252
Author(s):  
Yantao Ling ◽  
Zhe Song ◽  
Yang Yu ◽  
Tangyang Jiang
Keyword(s):  
Computable General Equilibrium ◽  
Service Sector ◽  
Census Data ◽  
Chinese Economy ◽  
Retirement Age ◽  
National Bureau ◽  
Light Industry ◽  
Second Child ◽  
Child Policy ◽  
The Impact

To tackle China’s rapidly aging population, a policy was framed by using overlapping generations (OLG) model and computable general equilibrium (CGE) model; the main objective was to successfully implement “second-child policy” and “delayed retirement age” for female or male workers. The 2012 census data was obtained from National Bureau of Statistics of China. Our research findings suggest that the economy can be improved in the short-term by delaying retirement age; however, Chinese economy would improve tremendously in the long run by implementing second-child policy. Compared to delayed retirement age, second-child policy would be more effective in improving the economy in China. In terms of industrial output, the three policies have a greater influence on labor-intensive industries, such as agriculture, light industry, finance, and service sector; the impact is less significant on construction and heavy industry. In terms of industrial import and export, these three policies have greatly influenced following industries: finance, electric power, and fossil energy. From a monetary perspective, these three policies can significantly improve household income; these three policies did not significantly impact both government and corporate incomes.

ECONOMIC IMPACTS OF POLICY ADOPTED BY CHINA FOR ITS AGING POPULATION

2020 ◽  
pp. 1-27
Author(s):  
SHUANGQI LI ◽  
TANGYANG JIANG ◽  
ZHE SONG ◽  
ZHENGLONG HAN
Keyword(s):  
Economic Impact ◽  
Service Sector ◽  
Agricultural Sector ◽  
Great Influence ◽  
Aging Population ◽  
Retirement Age ◽  
Light Industry ◽  
Second Child ◽  
Child Policy ◽  
Retirement Policy

With China’s rapidly aging population, this paper constructs a policy model using overlapping generation (OLG) model and the computable general equilibrium (CGE) modeling to analyze the second-child policy and delaying retirement policy. Our research findings suggest that considering the short-term effects, delaying the retirement age imposes a greater impact on the economy than the second-child policy. Its economic impact increases initially, but then decreases to a stable level showing a diminishing influence. In the long term, the second-child policy has greater ability to boost the economy than the delaying retirement age policy and its economic impact gets stronger. From an industrial output perspective, the two policies exert greater influence on agriculture, light industry, finance and service sector than on construction and heavy industries. From an industrial import and export perspective, the two policies have great influence on finance, electric power, and fossil energy more than they do on the agricultural sector. From a monetary perspective, the impacts are greater on household income followed by the government income and corporate income, respectively. The policies also make a bigger difference to fixed capital than to changes in deposits and loans.

scholarly journals The second pregnancy has no effect in the incidence of macrosomia: a cross-sectional survey in two western Chinese regions

2021 ◽  
Vol 40 (1) ◽  
Author(s):  
Li Luo ◽  
Huan Zeng ◽  
Mao Zeng ◽  
Xueqing Liu ◽  
Xianglong Xu ◽  
...  
Keyword(s):  
Logistic Regression ◽  
Western China ◽  
Fetal Macrosomia ◽  
Multivariate Logistic Regression Model ◽  
Multivariate Logistic Regression ◽  
Cross Sectional ◽  
Second Child ◽  
Child Policy ◽  
Significant Difference ◽  
The Impact

Abstract Background After the implementation of the universal two-child policy in China, the increase in parity has led to an increase in adverse pregnancy outcomes. The impact of one and two fetuses on the incidence of fetal macrosomia has not been fully confirmed in China. This study aimed to explore the differences in the incidence of fetal macrosomia in first and second pregnancies in Western China after the implementation of the universal two-child policy. Methods A total of 1598 pregnant women from three hospitals were investigated by means of a cross-sectional study from August 2017 to January 2018. Participants were recruited by convenience and divided into first and second pregnancy groups. These groups included 1094 primiparas and 504 women giving birth to their second child. Univariate and multivariate logistic regression analyses were performed to discuss the differences in the incidence of fetal macrosomia in first and second pregnancies. Results No significant difference was found in the incidence of macrosomia in the first pregnancy group (7.2%) and the second pregnancy group (7.1%). In the second-time pregnant mothers, no significant association was found between the macrosomia of the second child (5.5%) and that of the first child (4.7%). The multivariate logistic regression model showed that mothers older than 30 years are not likely to give birth to children with macrosomia (odds ratio (OR) 0.6, 95% confidence interval (CI) 0.4,0.9). Conclusions The incidence of macrosomia in Western China is might not be affected by the birth of the second child and is not increased by low parity.

scholarly journals Economic Impact of Public Expenditure in The Gambia

2020 ◽  
pp. 39-53
Author(s):  
Thomas Roberts ◽  
François J. Cabral ◽  
Samuel Maxime Coly
Keyword(s):  
Rural Areas ◽  
Computable General Equilibrium ◽  
Poverty Reduction ◽  
Service Sector ◽  
Public Expenditure ◽  
Value Added ◽  
The Gambia ◽  
Significant Finding ◽  
The Government ◽  
The Impact

The impact of public expenditure on the productive sectors (agriculture, industry, and service) in The Gambia, is analyzed within the framework of a Dynamic Computable General Equilibrium (DCGE) model. The model is applied and calibrated to assess the impact of a 10% increase in public expenditure on economic growth and welfare over five years. The results indicate an increase in GDP and value-added, mainly as a result of growth in the service sector.Also, an expansion of the service sector leads to the migration of jobs to the rural areas, which will consequently enhance rural labour income. A significant finding is that general public expenditure on agriculture may not get the desired result for poverty reduction, specifically in rural areas. As a result, public agricultural spending should be targeted across various agriculture sub-sectors, such as, irrigation, among others. The Government of The Gambia (GoTG) should also prioritize investment in the service sector, given that it has immense potentials in enhancing the livelihoods of Gambians in rural areas.

China's gains from one-child policy's end may not last

2017 ◽  
Keyword(s):  
Urban Pollution ◽  
Fertility Rate ◽  
Ageing Population ◽  
Content Type ◽  
Second Child ◽  
Cultural Considerations ◽  
One Child Policy ◽  
Child Policy ◽  
The One ◽  
The Impact

Subject The impact of the end of China's one-child policy. Significance Faced with an ageing population and shrinking workforce, China has abandoned the 'one-child policy' it enforced for nearly four decades. Two years on, however, the impact has been muted. Impacts The increase in the second-child fertility rate will be short-lived. Economic, social and cultural considerations will prevent many couples having a second child, despite the reform. Reducing urban pollution and offering more generous provisions for new parents could increase the fertility rate.

scholarly journals Changes in residential, occupational and gender structure of the greater Bangkok in the globalization process

Dela ◽  
2004 ◽  
pp. 205-212
Author(s):  
Satoshi Nakagawa
Keyword(s):  
Population Structure ◽  
Petrochemical Industry ◽  
Service Sector ◽  
Family Formation ◽  
Outer Zone ◽  
Economic Globalization ◽  
Electronics Industry ◽  
Light Industry ◽  
The Government ◽  
The Impact

This study investigated recent changes in migration and population structure of the Greater Bangkok considering the impact of economic globalization. The spatial policy of the Thai government has lead newer investments for manufacturing to locate away from Bangkok Metropolis and thereby the industrial structure of Bangkok Metropolis has gradually turned into service-dominated, while the region surrounding Bangkok Metropolis has attracted factories mainly owned by foreign capital. Light industry and electronics industry are con-centrated in the adjacent provinces to Bangkok Metropolis and the heavy and petrochemical industry tends to be located in the outer zone of the surrounding region. The service sector and light industry as well as electronics industry prefer female workers and Bangkok met-ropolis and the adjoining provinces have become female-dominated population structure while male workers tend to gather in the outer zone attracted by heavy and petrochemical industry. It is possible to mention accordingly that the unbalanced spatial distribution of sex structure of population which might cause changes in the norm to the family formation in future is one of the consequences of economic globalization of Thailand, which the inves-tment promotion policy of the government did not assume.

Implications of higher retirement age for the labor market

2017 ◽  
pp. 22-39 ◽  
Author(s):  
M. Ivanova ◽  
A. Balaev ◽  
E. Gurvich
Keyword(s):  
Economic Growth ◽  
Labor Market ◽  
Labor Supply ◽  
Labor Force ◽  
Labor Demand ◽  
Retirement Age ◽  
Demographic Trends ◽  
Men And Women ◽  
Demographic Projections ◽  
The Impact

The paper considers the impact of the increase in retirement age on labor supply and economic growth. Combining own estimates of labor participation and demographic projections by the Rosstat, the authors predict marked fall in the labor force (by 5.6 million persons over 2016-2030). Labor demand is also going down but to a lesser degree. If vigorous measures are not implemented, the labor force shortage will reach 6% of the labor force by the period end, thus restraining economic growth. Even rapid and ambitious increase in the retirement age (by 1 year each year to 65 years for both men and women) can only partially mitigate the adverse consequences of demographic trends.

Managing Service Quality, Food Quality, Price Fairness and Customer Retention: A Holistic Perspective

2020 ◽  
Vol 2 (1) ◽  
pp. 1-5
Author(s):  
Ammar Ahmed ◽  
Rafat Naseer ◽  
Muhammad Asadullah ◽  
Hadia Khan
Keyword(s):  
Service Quality ◽  
Food Quality ◽  
Service Sector ◽  
Customer Retention ◽  
Price Fairness ◽  
Policy Makers ◽  
Restaurant Management ◽  
The Subject ◽  
Research Propositions ◽  
The Impact

In this competitive environment, organizations strive to satisfy their customer by providing best quality service at affordable and fair prices with a view to enhance their revenues. To achieve the objective of revenue maximization, organizations strive to identify the factors that help them in retaining their customers. Drawing from the signalling theory of marketing, the current study proposes a novel conceptual model representing the impact of service quality with food quality and price fairness on customer retention in restaurant sector of Pakistan. The paper underlines an important arena of knowledge for academicians as well as organizational scientists on the subject. On the basis of literature available on the variables understudy, the present study forwards eight research propositions worthy of urgent scholarly attention. The conceptualized model of the present article can also be viewed significant in unleashing further avenues for the restaurant management entities, policy makers and future researchers in the domain of managing in the service sector businesses.

The Impact of the Public Expenditure Cuts Policy on the Labor Market in Vietnam

2012 ◽  
pp. 22-46
Author(s):  
Huong Nguyen Thi Lan ◽  
Toan Pham Ngoc
Keyword(s):  
Labor Market ◽  
Computable General Equilibrium ◽  
Impact Evaluation ◽  
Public Expenditure ◽  
Computable General Equilibrium Model ◽  
Living Standard ◽  
Input Output ◽  
Policy Makers ◽  
The Public ◽  
The Impact

The purpose of this study is to evaluate the impact of public expenditure cuts on employment and income to support policies for the development of the labor mar- ket. Impact evaluation is of interest for policy makers as well as researchers. This paper presents a method – that is based on a Computable General Equilibrium model – to analyse the impact of the public expenditure cuts policy on employment and income in industries and occupations in Vietnam using macro data, the Input output table, 2006, 2008 and the 2010 Vietnam Household Living Standard Survey.

The Impact of a Potential Public/Private Initiative on a Defined Region of the South Suburban Chicago Metropolitan Area

2019 ◽  
pp. 14-32
Keyword(s):  
Supply Chain ◽  
Economic Impact ◽  
Impact Analysis ◽  
Census Data ◽  
Economic Benefits ◽  
Local Economy ◽  
Market Area ◽  
State And Local ◽  
The University ◽  
The Impact

The university is considered one of the engines of growth in a local economy or its market area, since its direct contributions consist of 1) employment of faculty and staff, 2) services to students, and supply chain links vendors, all of which define the University’s Market area. Indirect contributions consist of those agents associated with the university in terms of community and civic events. Each of these activities represent economic benefits to their host communities and can be classified as the economic impact a university has on its local economy and whose spatial market area includes each of the above agents. In addition are the critical links to the University, which can be considered part of its Demand and Supply chain. This paper contributes to the field of Public/Private Impact Analysis, which is used to substantiate the social and economic benefits of cooperating for economic resources. We use Census data on Output of Goods and Services, Labor Income on Salaries, Wages and Benefits, Indirect State and Local Taxes, Property Tax Revenue, Population, and Inter-Industry to measure economic impact (Implan, 2016).

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