International Journal of Social Science & Economic Research
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Title:
Total Fertility Rate relations in South Korea, evaluating the correlation of factors with the TFR of South Korea: Approach with Regression Analysis

Authors:
Jinwoo Lim

Journal: International Journal of Social Science and Economic Research (IJSSER)
ISSN: 2455-8834
Volume: 10
Issue: 10
Publication Date: October 2025
DOI: 10.46609/IJSSER.2025.v10i10.032

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Jinwoo Lim
North London Collegiate School Jeju

MLA 8
Lim, Jinwoo. "Total Fertility Rate relations in South Korea, evaluating the correlation of factors with the TFR of South Korea: Approach with Regression Analysis." Int. j. of Social Science and Economic Research, vol. 10, no. 10, Oct. 2025, pp. 5075-5089, doi.org/10.46609/IJSSER.2025.v10i10.032. Accessed Oct. 2025.
APA 6
Lim, J. (2025, October). Total Fertility Rate relations in South Korea, evaluating the correlation of factors with the TFR of South Korea: Approach with Regression Analysis. Int. j. of Social Science and Economic Research, 10(10), 5075-5089. Retrieved from https://doi.org/10.46609/IJSSER.2025.v10i10.032
Chicago
Lim, Jinwoo. "Total Fertility Rate relations in South Korea, evaluating the correlation of factors with the TFR of South Korea: Approach with Regression Analysis." Int. j. of Social Science and Economic Research 10, no. 10 (October 2025), 5075-5089. Accessed October, 2025. https://doi.org/10.46609/IJSSER.2025.v10i10.032.

References

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[3] . Boston Consulting Group. (2024). The economic impact of South Korea’s low birth rate. Retrieved September 5, 2025, from https://www.bcg.com/publications/2024/economic-impact-of-south-koreas-low-birth-rate
[4] . Georgetown Journal of Asian Affairs. (2024). The necessary paradigm shift for South Korea’s ultra-low fertility. Retrieved August 11, 2025, from https://gjia.georgetown.edu/2024/09/24/the-necessary-paradigm-shift-for-south-koreas-ultra-low- fertility/
[5] . How can family policies reconcile fertility and women’s employment. (n.d.). PMC. Retrieved August 2, 2025, from https://pmc.ncbi.nlm.nih.gov/articles/PMC5291745/
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[7] . Madia, J. E. (2024). Fertility decline and tax revenues in South Korea. Retrieved August 28, 2025, from https://ideas.repec.org/p/fbk/wpaper/2024-02.html
[8] . Madia, J. E. (2025). Fertility decline and tax revenues in South Korea. ScienceDirect. Retrieved July 12, 2025, from https://www.sciencedirect.com/science/article/pii/S109094432500002X
[9] . Newsweek. (2025). South Korea population crisis linked to historic tax rises. Retrieved July 3, 2025, from https://www.newsweek.com/south-korea-tax-vat-rise-impact-population-crisis-2030388
[10] . OECD. (2025). Korea’s unborn future: Understanding low-fertility trends. Paris: OECD Publishing. Retrieved June 30, 2025, from https://www.oecd.org/content/dam/oecd/en/publications/reports/2025/03/korea-s-unborn-future_ 1b836111/005ce8f7-en.pdf
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ABSTRACT:
South Korea’s low fertility rate poses significant economic challenges, as it reduces workforce numbers, lowers productivity, and increases dependency. This study examines the economic factors and policy interventions that may impact total fertility rates. Using linear regression models, the analysis tests the hypothesis that tax credits, parental leave duration, and health expenditure have a positive correlation with fertility, while childcare costs, housing price index, youth unemployment, and contraception rate have a negative correlation. Results show that fertility rates are most strongly associated with health expenditure priorities and contraceptive availability, while the association of family benefits such as childcare support and parental leave policies remains limited once long-term demographic patterns are taken into account.

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