Measurement of the Correlation Degree between Rural Family Fertility Willingness and the Development of China’s Labor Original Equipment Manufacturing Industry

Abstract

At present, China is facing problems such as the decline of fertility rate, gender imbalance, serious aging, and the reduction of youth and working population, which will have an adverse impact on the long-term development of social economy. Based on the literature review, combined with China’s financial family data, combined with the innovative calculation model of the correlation between rural family fertility willingness and labor original equipment manufacturing (OEM) industrial development, through the empirical analysis of rural families, this paper investigates the relationship between fertility willingness and the development and endogeneity of labor OEM industry and finds that female labor participation has a significant negative impact on the number of children in rural families. Spouse labor participation has a negative effect on the number of children in rural families. The regression coefficient of women’s willingness to have two children for career development is significant and negative ( $c_1=-0.181,P=-0.003<0.01$ ), and that of women’s family status is significant and negative ( $c_1=-0.998,P=0.031<0.01$ ). The relative opportunity cost of birth of individual operators is more concentrated in the range of 50%–80%. The results show that the development of labor OEM industry is significantly influenced by the fertility willingness of rural families. This paper concludes that differentiated policies and measures should be taken according to the type of industrial promotion.