is obtained by using Stata, so at 95% confidence level,
the original hypothesis is accepted, so there is no
heteroscedasticity.
5.5 Test for Multicollinearity
Using the variance expansion factor to test the
multiple collinearities, the larger the
, the
greater the correlation between the
variable and
other variables. If
> 10, it is considered that the
regression equation has serious multicollinearity.
The results are shown in table 4 below:
Table 4. VIF test results.
Variable VIF 1/VIF
Per capita consumption 2313.48 0.000432
Per capita income 1586.87 0.00063
Medical expenses 189.18 0.005286
Education spending 183.07 0.005462
Mean VIF 1068.15
As can be seen from table 4,
multicollinearity
therefore exists and needs to be addressed for
multicollinearity.
We used backward stepwise regression to solve
the multicollinearity problem, with results shown in
table 5 below:
Table 5. Backward stepwise regression to address
multicollinearity.
Birth rate Coef. Std. Err. t P > t [95% conf. Interval ]
Per capita
consumption
-0.002 0.004 -0.500 0.640 -0.011 0.008
Education
spending
0.008 0.009 0.930 0.394 -0.015 0.032
Medical
expenses
-0.005 0.009 -0.540 0.613 -0.029 0.019
Per capita
income
0.001 0.002 0.310 0.770 -0.004 0.006
_cons 20.201 5.932 3.410 0.019 4.952 35.449
6 CONCLUSION
6.1 Results of Projections on the Age
Structure of the Future Population
Considering the age structure of our country, the
population situation in the next 10 years after the
opening of the three-child policy is forecasted. First
of all,the three-child policy began to be implemented
on May 31, 2021, so it can be seen that the population
in 2021 has received the impact of the three-child
policy, so using 2021 data to predict future data can
be regarded as the prediction results under the
influence of the three-child policy. Therefore,
considering the age structure of China, the population
situation in the next 10 years after the opening of the
three-child policy is predicted as follows: the
population of the 0-14 age group showed an
increasing trend after the implementation of the three-
child policy, but the growth rate declined after a few
years of implementation. The population of 15-64
years old shows a downward trend, the population
over 65 years old is showing a growth trend, the
growth rate of the three-child policy is slow at the
beginning of the implementation, and then it slowly
picks up, the problem of population aging in China is
still difficult to solve.
6.2 The Impact of the "Double
Reduction" Policy on the Newborn
Population
According to the STATA calculation, the regression
coefficient
is 20.2, - 0.001, 0.008, -0.005 and
0.001 respectively, and the regression equation is
(16)
According to the regression equation to predict
the new-born population, we can analyze, we can get
the regression equation growth trend, thus we can get
“Double reduction” policy implementation will have
an impact on the new-born population.
ACKNOWLEDGMENTS
This work was financially supported by the Industry-
University Research Innovation Funding of Chinese
University [grant number 2020HYA06007], the
Knowledge Innovation Program of Wuhan-Shuguang
Project [grant number 2022010801020429].
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Wang Jun, Li Xiangmei. China's three-child policy: low
fertility, difficulties and solutions [J]. Youth Exploration,
2021, No. 234(04): 50-61.
TAM Ho-chun. Can the three-child policy change the
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