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Demographic Changes and Economic Activityin Greece

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  • George Hondroyiannis
  • Evangelia Papapetrou

Abstract

This paper investigates the linkages among demographic changes (fertility choice, marriage decision and mortality), real wages and real output in Greece over the period 1960--1998. The results show that in the long run a decrease in infant mortality rates, taking into consideration economic performance and the labor market, causes a reduction in fertility rates. In addition, the results suggest that an increase in real wages decreases nuptiality and fertility. Employing vector error-correction models and impulse response functions, the empirical results support the endogeneity of fertility choice to infant mortality, the labor market and the growth process.

Suggested Citation

  • George Hondroyiannis & Evangelia Papapetrou, 2004. "Demographic Changes and Economic Activityin Greece," Review of Economics of the Household, Springer, vol. 2(1), pages 49-71, March.
    • Handle: RePEc:kap:reveho:v:2:y:2004:i:1:p:49-71
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    Citations

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    Cited by:

    1. Hassan B. Ghassan & Hassan R. Alhajhoj & Faruk Balli, 2022. "Bi-demographic and current account dynamics using SVAR model: evidence from Saudi Arabia," Economic Change and Restructuring, Springer, vol. 55(3), pages 1327-1363, August.
    2. Daouli, Joan & Demoussis, Michael & Giannakopoulos, Nicholas, 2009. "Sibling-sex composition and its effects on fertility and labor supply of Greek mothers," Economics Letters, Elsevier, vol. 102(3), pages 189-191, March.
    3. George Hondroyiannis, 2010. "Fertility Determinants and Economic Uncertainty: An Assessment Using European Panel Data," Journal of Family and Economic Issues, Springer, vol. 31(1), pages 33-50, March.
    4. Giuseppe Ricciardo Lamonica & Gloria Polinesi & Luca Salvati, 2022. "Sprawl or Segregation? Local Fertility as a Proxy of Socio-spatial Disparities Under Sequential Economic Downturns," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 164(3), pages 1129-1160, December.

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