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Education, Married Women¡¯s Participation Rate, Fertility and Economic Growth

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  • Hsiu-ling Yang

    (Department of Labor Relations and Institute of Labor Studies, National Chung Cheng University)

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    Abstract

    We construct a model, via educational expenditure, linking female labor supply to fertility and economic growth. Our paper includes three main themes. First, increases in parental time of teaching at home and educational expenditure lead to an increase in the level of human capital stock. Both home education and school education are inputs of the human capital production function. Second, the rising opportunity cost of having children discourages parental demand for children and encourages married women¡¯s participation. Finally, more investments in children¡¯s human capital result in a higher growth rate. Our model closely follows the process of demographic transition. In the developed stage, an economy with a high rate of educational expenditure has a low fertility rate, high female participation rate and perpetual growth. Our model is empirically able to explain the case of Taiwan¡¯s growth experience.

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    Bibliographic Info

    Article provided by Chung-Ang Unviersity, Department of Economics in its journal Journal Of Economic Development.

    Volume (Year): 25 (2000)
    Issue (Month): 2 (December)
    Pages: 101-118

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    Handle: RePEc:jed:journl:v:25:y:2000:i:2:p:101-118

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    1. Gary S. Becker & Kevin M. Murphy & Robert Tamura, 1994. "Human Capital, Fertility, and Economic Growth," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition), pages 323-350 National Bureau of Economic Research, Inc.
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    Cited by:
    1. World Bank, 2002. "Pacific Islands - Regional Economic Report : Embarking on a Global Voyage - Trade Liberalization and Complementary Reforms in the Pacific," World Bank Other Operational Studies 15362, The World Bank.

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