Unlucky and Lucky: Fertility Restrictions and Human Capital Gains after China's One-Child Policy

2017 ◽  
Author(s):  
Jorge Luis Garcca
2020 ◽  
Vol 130 (632) ◽  
pp. 2497-2525 ◽  
Author(s):  
Rufei Guo ◽  
Junsen Zhang

Abstract Do parents forge children’s preference for old-age support? Becker (1993) conjectures that the inculcation of filial piety increases parents’ investment in children’s human capital. We provide the first empirical evidence on parents’ instilling of filial piety in children, by combining the natural experiment of twins with China’s One-Child Policy to obtain exogenous variations in children’s gender composition. Among the different models of filial-piety inculcation, our empirical results favour a Beckerian model of altruism inculcation in which parents solicit support from the child with a higher earnings endowment.


2021 ◽  
pp. 1-42
Author(s):  
Jiajia Gu

This paper studies the effects of China’s one-child policy on human capital and income. I build and calibrate a quantitative OLG model with intergenerational transfers. The model generates a quantity–quality trade-off, so a restriction on fertility leads to an increase in human capital, and higher human capital then contributes to higher individual income and welfare. Calibrating the model to match survey data on urban households, I find that the one-child policy increases the human capital of affected agents by about 47% relative to a counterfactual with no fertility restrictions. However, the effect on aggregate income is negative as the size of the labor force falls.


Author(s):  
Peter J. Stauvermann ◽  
Jin Hu ◽  
Ronald Ravinesh Kumar

In this paper we take China’s one child policy as an example and investigate its environmental impact. We develop a model for an economy using a standard overlapping generation model extended with human capital, endogenous fertility, and changing life expectancy. To model the environmental impact of economic activities, we use a modified IPAT model. We show that China’s one child has a very strong positive impact on the environment, particularly if we consider the whole human legacy.        


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