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Product Variety and the Demographic Transition

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  • Ricardo Andrés Guzmán

    (Universidad del Desarrollo, Santiago, Chile)

  • Jacob Weisdorf

    (Department of Economics, University of Copenhagen)

Abstract

Why does the rate of population growth decline in the face of economic growth? We show that growing product variety may induce a permanent reduction in the demand for children and a continuous rise in income and consumption.

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Bibliographic Info

Paper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number 09-25.

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Length: 5 pages
Date of creation: Dec 2009
Date of revision:
Handle: RePEc:kud:kuiedp:0925

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Keywords: demographic transition; demand for children; product variety; Malthus;

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  1. Oded_Galor, 2004. "From Stagnation to Growth:Unified Growth Theory," Working Papers 2004-15, Brown University, Department of Economics.
  2. Galor, Oded & Weil, David, 1999. "From Malthusian Stagnation to Modern Growth," CEPR Discussion Papers 2082, C.E.P.R. Discussion Papers.
  3. Omar Licandro & David de la Croix, 2009. "The Child is Father of the Man: Implications for the Demographic Transition," UFAE and IAE Working Papers 765.09, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
  4. Theodore C. Bergstrom, 2007. "Some Evolutionary Economics of Family Partnerships," American Economic Review, American Economic Association, vol. 97(2), pages 482-486, May.
  5. 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, vol. 90(4), pages 806-828, September.
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Cited by:
  1. repec:cge:warwcg:41 is not listed on IDEAS
  2. Becker, Sascha O. & Cinnirella, Francesco & Wößmann, Ludger, 2013. "Does womens education affect fertility? Evidence from pre-demographic transition Prussia," Munich Reprints in Economics 20263, University of Munich, Department of Economics.
  3. Sascha O. Becker & Francesco Cinnirella & Ludger Woessmann, 2011. "Does Parental Education Affect Fertility? Evidence from Pre-Demographic Transition Prussia," CESifo Working Paper Series 3430, CESifo Group Munich.

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