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Malthus revisited: Fertility decision making based on quasi-linear preferences

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  • Weisdorf, Jacob L.

Abstract

Malthus' (1798) population hypothesis is inconsistent with the demographic transitions and the massive income expansion observed among industrialised countries. The current study shows that eliminating the income-effect on the demand for children from Malthus' theory makes consistent with industrial development.

Suggested Citation

  • Weisdorf, Jacob L., 2008. "Malthus revisited: Fertility decision making based on quasi-linear preferences," Economics Letters, Elsevier, vol. 99(1), pages 127-130, April.
    • Handle: RePEc:eee:ecolet:v:99:y:2008:i:1:p:127-130
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    1. Holger Strulik, 2003. "Mortality, the Trade‐off between Child Quality and Quantity, and Demo‐economic Development," Metroeconomica, 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, vol. 104(2), pages 340-375, June.
    3. Tamura, Robert, 1996. "From decay to growth: A demographic transition to economic growth," Journal of Economic Dynamics and Control, Elsevier, vol. 20(6-7), pages 1237-1261.
    4. 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. Carl‐Johan Dalgaard & Holger Strulik, 2016. "Physiology and Development: Why the West is Taller Than the Rest," Economic Journal, Royal Economic Society, vol. 126(598), pages 2292-2323, December.
    2. Holger Strulik & Jacob Weisdorf, 2007. "The Simplest Unified Growth Theory," Discussion Papers 07-21, University of Copenhagen. Department of Economics.
    3. Rohan Dutta & David K. Levine & Nicholas W. Papageorge & Lemin Wu, 2018. "Entertaining Malthus: Bread, Circuses, And Economic Growth," Economic Inquiry, Western Economic Association International, vol. 56(1), pages 358-380, January.
    4. Holger Strulik & Jacob Weisdorf, 2008. "Birth, Death, and Development: A Simple Unified Growth Theory," Discussion Papers 08-32, University of Copenhagen. Department of Economics.
    5. Mehdi Senouci, 2013. "Direction of technical change, endogenous fertility, and patterns of growth," Working Papers hal-01206021, HAL.
    6. 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) dp-442, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    7. Dietrich Vollrath, 2011. "The agricultural basis of comparative development," Journal of Economic Growth, Springer, vol. 16(4), pages 343-370, December.
    8. Marc Klemp & Niels Framroze Møller, 2016. "Post-Malthusian Dynamics in Pre-Industrial Scandinavia," Scandinavian Journal of Economics, Wiley Blackwell, vol. 118(4), pages 841-867, October.
    9. 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), vol. 6(1), pages 63-77, January.
    10. Rahman, Ahmed S., 2013. "The Road Not Taken: What Is The “Appropriate” Path To Development When Growth Is Unbalanced?," Macroeconomic Dynamics, Cambridge University Press, vol. 17(4), pages 747-778, June.
    11. Dietrich Vollrath, 2012. "Land tenure, population, and long-run growth," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(3), pages 833-852, July.

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    More about this item

    JEL classification:

    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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