Analysis On Population Dividend Effects Based On The Change Of Labor Force Participation Rate

Demographic dividend as an important driving force for economic growth, do it for therapid development of China’s economic reform and opening up an important contribution.The proportion of the elderly population in2001, the aging population has reached7%of theindex threshold of the21st century the index continued to rise, the structural transformation ofChina’s population has entered a "demographic dividend" period. Maintain high levels oflabor force participation rate is the effect of the demographic dividend important prerequisitefor the role, however, how the current status quo of China’s latest labor force participationrate, the level is reasonable, in the case of declining demographic dividend how themacro-control policies through labor participation, based on whether the effects of thedemographic dividend labor force participation rate has been maximized and other issueswere released pending further answers. With these questions in this article on the proportionof the working age population, demographic dependency ratio and the labor forceparticipation rate and other demographic dividend related indicators made a carding systemanalysis, and the use of empirical data panel effect on economic growth of the labor forceparticipation rate of doing empirical Research.Through the past30years of statistical data in order, we find that: the number ofworking-age population continues to increase, but the proportion of working-age populationhas reached its peak after showing a downward trend started in2010; number of the elderlypopulation and the proportion of the total population in the past30years has maintained aslow upward trend, despite China’s elderly dependency ratio showed a continuing slow riseprocess, but in our relatively large decline in child dependency strong pull of China’s totalpopulation dependency ratio as a whole remains a continuing decline trend, reaching19.3percent decline; consolidated over the past30years, changes in the age structure of ourpopulation data, it is easy to predict that China will reach critical turning point in thedemographic dividend and demographic balance between the years2030-2035.China’s western region of the labor force participation rate in the eastern and centralregions, although China’s total labor force participation rate and the labor force participationrate by sex than those in the international community than in high-income countries, butespecially in the current labor force participation rate of female labor force participation rateshowing a clear downward trend. Based on empirical results found empirical panel data onlabor force participation rate has a positive role in promoting economic growth, its demographic dividend effect is more obvious, the labor force participation rate among centralrole in promoting the economic growth of the largest, followed by the west and the east. Inthis context, China’s macroeconomic policy should focus on increasing labor participationrate to maximize the bonus effect of China’s population, in view of the current labor forceparticipation rate remained at a high level, to improve the demographic dividend effectthrough labor force participation rate in the short term limited role, Losing should face thereality of the demographic dividend, actively taking to improve the level of human capitalaccumulation and enhancing the efficient flow of labor between the regions of the measure.