Research On The Impact Of Child Social Care On Female Labor Force Participatio

The demographic dividend is about to disappear,the pressure on family childcare is increasing,China’s fertility rate is severely depressed,and the ongoing decline in the labor supply has emerged as a significant issue that requires urgent resolution.Despite the universal three-child policy and the gradual lifting of birth restrictions in China,there aren’t enough supportive child-care policies in place.Mothers’ labor participation may be hampered by the traditional mother-based family child-rearing model,and married women may experience conflicts between caring for their families and their careers.The literature that is currently available suggests that social care should be used as the primary method of infant care because intergenerational care no longer has the advantages that it did in The Times.To support the development of the Chinese child care system theoretically,this paper examines the effects of social care on women’s labor participation as well as ways to improve social care based on the supply and demand sides.In this paper,a multi-sector economic model is established,and hypotheses are made after exploring the potential influence mechanism of social care on female labor participation from the two aspects of time and income.An empirical study is done using data from the China Household Tracking Survey(CFPS).The endogeneity of the model is resolved using the 2SLS instrumental variable method,and its robustness is examined using the replacement tool and replacement variable methods.The empirical findings demonstrate that social care can raise women’s labor force participation rates by 10.1%and is significant at the 1% level of significance.The impact is also influenced by the education of women,the number of kids,the household’s urban/rural status,and whether the family resides in the western region.This paper uses Python numerical simulation to determine that the government should regularly offer childcare subsidies ranging from 0-2200 yuan to families in order to meet the demand for childcare for children aged 0–3 years old,which is predicted to reach 6–9 million in 2035.The distance effect of childcare institutions and the multi-period effect of childcare subsidies on labor supply are also further examined in this paper,which gives policymakers a more precise foundation on which to build their plans.This paper suggests that the government coordinate and support the development of child care facilities,set a goal of 1% annual growth in the number of children in care nationwide,and encourage the development of child care facilities through government subsidies and tax breaks.Additionally,it is recommended that the government strengthen the system of vocational education for child-care talents,assist society in creating a community child-care service grid covering 2-4 km,and issue suitable childcare subsidies to encourage families to purchase more social care for their children.