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Malthus Revisited: Fertility Decision Making based on Quasi-Linear Preferences

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  • Jacob L. Weisdorf

    (Department of Economics, University of Copenhagen)

Abstract

Malthus’ (1798) population hypothesis is inconsistent with the demographic transition and the concurrent massive expansion of incomes observed among industrialised countries. This study shows that eliminating the income-effect on the demand for children from the Malthusian model makes it harmonise well with industrial development.

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Bibliographic Info

Paper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number 07-03.

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Length: 5 pages
Date of creation: Jan 2007
Date of revision:
Handle: RePEc:kud:kuiedp:0703

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Keywords: demographic transition; fertility; Malthus;

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References

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  1. Holger Strulik, 2003. "Mortality, the Trade-off between Child Quality and Quantity, and Demo-economic Development," Metroeconomica, Wiley Blackwell, Wiley Blackwell, vol. 54(4), pages 499-520, November.
  2. Boucekkine, Raouf & de la Croix, David & Licandro, Omar, 2002. "Vintage Human Capital, Demographic Trends, and Endogenous Growth," Journal of Economic Theory, Elsevier, Elsevier, vol. 104(2), pages 340-375, June.
  3. David N. Weil & Oded Galor, 2000. "Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond," American Economic Review, American Economic Association, American Economic Association, vol. 90(4), pages 806-828, September.
  4. Tamura, Robert, 1996. "From decay to growth: A demographic transition to economic growth," Journal of Economic Dynamics and Control, Elsevier, Elsevier, vol. 20(6-7), pages 1237-1261.
  5. Malthus, Thomas Robert, 1798. "An Essay on the Principle of Population," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, McMaster University Archive for the History of Economic Thought, number malthus1798.
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Cited by:
  1. Dietrich Vollrath, 2011. "The agricultural basis of comparative development," Journal of Economic Growth, Springer, Springer, vol. 16(4), pages 343-370, December.
  2. Marc P. B. Klemp, 2012. "Prices, wages and fertility in pre-industrial England," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), Association Française de Cliométrie (AFC), vol. 6(1), pages 63-77, January.
  3. Strulik, Holger & Weisdorf, Jacob, 2007. "The Simplest Unified Growth Theory," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät dp-375, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
  4. Strulik, Holger & Weisdorf, Jacob, 2010. "How Child Costs and Survival Shaped the Industrial Revolution and the Demographic Transition: A Theoretical Inquiry," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät dp-442, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
  5. Strulik, Holger & Weisdorf, Jacob, 2008. "Birth, Death, and Development: A Simple Unified Growth Theory," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät dp-412, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
  6. Marc Patrick Brag Klemp & Niels Framroze Møller, 2013. "Post-Malthusian Dynamics in Pre-Industrial Scandinavia," Working Papers 2013-14, Brown University, Department of Economics.
  7. Rahman, Ahmed S., 2013. "The Road Not Taken: What Is The “Appropriate” Path To Development When Growth Is Unbalanced?," Macroeconomic Dynamics, Cambridge University Press, Cambridge University Press, vol. 17(04), pages 747-778, June.
  8. Dalgaard, Carl-Johan & Strulik, Holger, 2012. "Physiology and Development: Why the West is Taller than the Rest," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät dp-494, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
  9. Dietrich Vollrath, 2012. "Land tenure, population, and long-run growth," Journal of Population Economics, Springer, Springer, vol. 25(3), pages 833-852, July.

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