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Schooling and Cohort Size: Evidence from Vietnam, Thailand, Iran and Cambodia

Author

Listed:
  • Falaris Evangelos M.
  • Thai Thuan Q.

    (Department of Economics, University of Delaware, Newark, DE19716, USA)

Abstract

In many developing countries, the annual number of births has reached a peak in recent years and has declined since that time. We investigate how the schooling that individuals complete responds to the changes in the number of potential labor market competitors implied by changes in the annual number of births. We use census data from Vietnam, Thailand, Iran and Cambodia and document a similar pattern in all of them: holding other characteristics constant, individuals born during the upswing of the demographic cycle complete less schooling than individuals born during the downswing of the demographic cycle. Our estimates suggest that individuals' schooling choices mitigate the possibly adverse economic effects of the demographic cycle. For developing countries that are at earlier phases of the demographic transition, our study lets us predict schooling levels as the demographic transition moves forward.

Suggested Citation

  • Falaris Evangelos M. & Thai Thuan Q., 2018. "Schooling and Cohort Size: Evidence from Vietnam, Thailand, Iran and Cambodia," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 18(4), pages 1-13, October.
    • Handle: RePEc:bpj:bejeap:v:18:y:2018:i:4:p:13:n:2
    DOI: 10.1515/bejeap-2017-0129
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    References listed on IDEAS

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    1. Wachter, Michael L & Wascher, William L, 1984. "Leveling the Peaks and Troughs in the Demographic Cycle: An Application to School Enrollment Rates," The Review of Economics and Statistics, MIT Press, vol. 66(2), pages 208-215, May.
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    3. David E. Bloom & David Canning, 2004. "Global demographic change : dimensions and economic significance," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, issue Aug, pages 9-56.
    4. Evangelos M. Falaris & H. Elizabeth Peters, 1992. "Schooling Choices and Demographic Cycles," Journal of Human Resources, University of Wisconsin Press, vol. 27(4), pages 551-574.
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    More about this item

    Keywords

    schooling; cohort size; demographic cycle;
    All these keywords.

    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development

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