Business & Economics
This project analyzed potential impacts on the Total Fertility Rate (TFR) in Japan (2010 and 2015), which is dealing with both a declining population and an ageing population in parallel. Results indicate that income per person has the largest impact on TFR, and it is highly considered when making fertility decisions. Results also show that government policies are largely ineffective in impacting TFR. Results were obtained through two panel regressions and two Ordinary Least Squares (OLS) regressions, in which TFR was the dependent variable.
Heasley, Sasha, "Japan: Where Did All the People Go? An Empirical Study on Economic and Social Impacts on Low Fertility in Japan" (2023). Business and Economics Honors Papers. 52.