A Study on the Short- term Fertility Projection …...A Study on the Short- term Fertility...

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A Study on the Short- term Fertility Projection Method Using Marriage Rates - Population Projections for the Republic of Korea Belgrade, 25 Nov 2019

Transcript of A Study on the Short- term Fertility Projection …...A Study on the Short- term Fertility...

Page 1: A Study on the Short- term Fertility Projection …...A Study on the Short- term Fertility Projection Method Using Marriage Rates - Population Projections for the Republic of Korea

A Study on the Short- term Fertility Projection Method Using Marriage Rates

- Population Projections for the Republic of Korea

Belgrade, 25 Nov 2019

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- Contents -

1

Population Projections for Korea2

Marriage and Fertility Indicators 3

2019 Fertility Projection Method4

Fertility trends in Korea

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1. Fertility trends in S. KOREA

Figure 1.Changes in Fertility Indicators in KOREA, 1970~2018

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2. Population Projections for KOREA

Figure 2. Cohort Component Method

Population by sex and age, t-1 year

Age specific fertility rate

Sex ratio at birth

Births by sex

Population of aged 0

Population by sex and age, t year

Survival ratioby sex and age

International net migrationby sex and age

Population of aged 1 - 100+

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Total Fertility Rate 2015 2016 2017 2018 2019 2020

2016

Projections

Medium-growth 1.24 1.18 1.20 1.22 1.23 1.24

Low-growth 1.24 1.16 1.14 1.13 1.11 1.10

Actual Observation 1.24 1.17 1.05 0.98 - -

Figure 3. Observed and Projected Total Fertility Rate

2. Population Projections for KOREA

- Actual observed value was lower than the low growth scenario in 2016 projections

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3. 2019 Fertility Projection Method

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Time Series Model

Generalized Log Gamma Distribution Model

- f(x): Fertility rate at age x

- C: A birth cohort’s fertility rate

- u, b:Mean age at childbearing and standard deviation of mean age at childbearing

- λ: Distribution (constant)

Figure 4. long-term fertility projection model

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In Korea, around 98 percent of children are born in wedlock

Figure 5. Births by Marital Status

3. Marriage and Fertility Indicators

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2000 2005 2010 2015 2016 2017 2018

0.75 0.72 0.78 0.80 0.75 0.70 0.68

Figure 6. Cumulative Marriage Rates for Women Under 40, 2000-2018

(unit: number of events per woman)

Figure 7. Age Specific Marriage Rates Figure 8. Cumulative Marriage Rates

3. Marriage and Fertility Indicators

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Figure 9. Childbirth-to-marriage Ratio, 2009-2018

2011 2012 2013 2014 2015 2016 2017 2018

total 1.62 1.66 1.50 1.53 1.57 1.51 1.39 1.33

1 birth 0.83 0.86 0.78 0.81 0.85 0.84 0.79 0.78

2 births 0.61 0.63 0.57 0.57 0.58 0.54 0.48 0.45

3 or more 0.18 0.17 0.16 0.15 0.14 0.14 0.12 0.10

(unit: number of live births per marriage, cumulative of women under 40)

3. Marriage and Fertility Indicators

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Figure 10. Average Age at Marriage and Fertility

3. Marriage and Fertility Indicators

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Short-term Fertility Projection Method

𝑇𝐹𝑅𝑡: Total fertility rate at time t

𝑀𝑠,𝑡: Marriage-period-weighted average cumulative marriage rate for birth order

𝑏𝑠,𝑡: Birth rate by birth order s(1, 2, 3+) at time t per married woman

𝑚𝑘: Cumulative marriage rate until 39 during time k of marriage period

𝑤𝑠,𝑘: Weight of percentage of birth at time k of marriage period by birth order

𝑘 : Marriage period

𝑝𝑠,𝑘: Percentage at time k of marriage period by birth order

𝑇𝐹𝑅𝑡 =

𝑠

𝑀𝑠,𝑡 𝑏𝑠,𝑡 + 𝑒𝑡

𝑀𝑠,𝑡 =

𝑘

𝑚𝑘 𝑤𝑠,𝑘

𝑤𝑠,𝑘 =𝑝𝑠,𝑘 𝑘 𝑝𝑠,𝑘

4. 2019 Fertility Projection Method

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𝑌𝑥= ln − ln𝑀𝑥𝑀𝑥: Cumulative marriage rate until 𝑥

𝑌𝑥,𝑡=𝑎𝑥 + 𝑏𝑥𝑘𝑡 + 𝜀 𝑥,𝑡Gompit Model Lee-Carter Model

Calculating the cumulative marriage rates by year: M

𝑀𝑠,𝑡 =

𝑘

𝑚𝑘 𝑤𝑠,𝑘

𝑚𝑘: Cumulative marriage rate until 39 during time k of marriage period

𝑤𝑠,𝑘: Weight of percentage of birth at time k of marriage period by birth order

𝑘 : Marriage period

1

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Calculating the time-weighted average of cumulative marriage rates

birthorder t-0 t-1 t-2 t-3 t-4 t-5 t-6 t-7 t-8 t-9

1 birth 0.382 0.322 0.139

2 birth 0.194 0.229 0.178 0.119 0.075

3 or more 0.101 0.131 0.129 0.113 0.094 0.076

𝑤𝑠,𝑘 =𝑝𝑠,𝑘 𝑘 𝑝𝑠,𝑘

𝑝𝑠,𝑘: Percentage at time k of marriage period by birth order

𝑤𝑠,𝑘: Weight of percentage of birth at time k of marriage period by birth order

2

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Calculating the fertility-to-marriage ratio by birth order is projected

by using the L-C model.

Medianvalue 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

total 1.62 1.66 1.50 1.53 1.57 1.51 1.39 1.33 1.31 1.29 1.27 1.26

1 birth 0.83 0.86 0.78 0.81 0.85 0.84 0.79 0.78 0.78 0.78 0.77 0.77

2 births 0.61 0.63 0.57 0.57 0.58 0.54 0.48 0.45 0.44 0.42 0.41 0.40

3 or more 0.18 0.17 0.16 0.15 0.14 0.14 0.12 0.10 0.09 0.09 0.09 0.08

Figure 10. Childbirth-to-marriage Ratio, 2009-2022

(unit: number of live births per marriage, cumulative of women under 40)

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𝑇𝐹𝑅𝑡 =

𝑠

𝑀𝑠,𝑡 𝑏𝑠,𝑡 + 𝑒𝑡

𝑇𝐹𝑅𝑡: Total fertility rate at time t

𝑀𝑠,𝑡: Marriage-period-weighted average cumulative marriage rate for birth order

𝑏𝑠,𝑡: Birth rate by birth order s(1, 2, 3+) at time t per married woman

The total fertility rates by year are calculated as the sum of the

timed-weighted averages of cumulative marriage rates by birth order

multiplied by the fertility-to-marriage ratios.

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5. Results of the 2019 Fertility Projection

Figure 11. Total Fertility Rates by Scenario, 2017~2067

TFR 2017 2018 2019 2020 2021 2025 2030 2040 2050 2067

Mid 1.05 0.98 0.94 0.90 0.86 1.00 1.14 1.27 1.27 1.27

# of births(thousand) 348 325 309 292 290 335 358 295 240 212

High 1.05 0.98 1.03 1.06 1.09 1.23 1.38 1.45 1.45 1.45

Low 1.05 0.98 0.87 0.81 0.78 0.84 0.97 1.09 1.10 1.10

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5. Results of the 2019 Fertility Projection

Figure 12. Differences between 2016 and 2019 Results – TFR

1.2

1.38

1.05

0.98

0.86

1.27

0.8

0.9

1

1.1

1.2

1.3

1.4

2017 2020 2023 2026 2029 2032 2035 2042 2045 2048 2051 2054 2057 2060 2063

2016 2019

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5. Results of the 2019 Fertility Projection

Figure 13. Differences between 2016 and 2019 Results – Number of Live Births

YearNumber of live Births (unit: thousand persons)

2016 (A) 2019 (B) (A-B)

2017 413 348 -65

2018 411 325 -86

2019 410 309 -101

2020 409 292 -117

2021 410 290 -120

2022 411 300 -111

2023 413 312 -101

2024 415 324 -91

2025 417 335 -82

2026 418 346 -72

2027 417 356 -61

2028 415 361 -54

2029 412 360 -52

2030 406 358 -48

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