Product variety and the demographic transition
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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- Theodore C. Bergstrom, 2007. "Some Evolutionary Economics of Family Partnerships," American Economic Review, American Economic Association, vol. 97(2), pages 482-486, May.
- DE LA CROIX, David & LICANDRO, Omar, 2007. "â€˜The child is father of the manâ€™: implications for the demographic transition," CORE Discussion Papers 2007072, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
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