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Education, Married Women¡¯s Participation Rate, Fertility and Economic Growth

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  • Hsiu-ling Yang

    (Department of Labor Relations and Institute of Labor Studies, National Chung Cheng University)

Abstract

We construct a model, via educational expenditure, linking female labor supply to fertility and economic growth. Our paper includes three main themes. First, increases in parental time of teaching at home and educational expenditure lead to an increase in the level of human capital stock. Both home education and school education are inputs of the human capital production function. Second, the rising opportunity cost of having children discourages parental demand for children and encourages married women¡¯s participation. Finally, more investments in children¡¯s human capital result in a higher growth rate. Our model closely follows the process of demographic transition. In the developed stage, an economy with a high rate of educational expenditure has a low fertility rate, high female participation rate and perpetual growth. Our model is empirically able to explain the case of Taiwan¡¯s growth experience.

Suggested Citation

  • Hsiu-ling Yang, 2000. "Education, Married Women¡¯s Participation Rate, Fertility and Economic Growth," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 25(2), pages 101-118, December.
    • Handle: RePEc:jed:journl:v:25:y:2000:i:2:p:101-118
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    References listed on IDEAS

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    1. Gary S. Becker & Kevin M. Murphy & Robert Tamura, 1994. "Human Capital, Fertility, and Economic Growth," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition, pages 323-350, National Bureau of Economic Research, Inc.
    2. Gary S. Becker & H. Gregg Lewis, 1974. "Interaction between Quantity and Quality of Children," NBER Chapters, in: Economics of the Family: Marriage, Children, and Human Capital, pages 81-90, National Bureau of Economic Research, Inc.
    3. Ehrlich, Isaac & Lui, Francis T, 1991. "Intergenerational Trade, Longevity, and Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 99(5), pages 1029-1059, October.
    4. C. Russell Hill & Frank P. Stafford, 1974. "Allocation of Time to Preschool Children and Educational Opportunity," Journal of Human Resources, University of Wisconsin Press, vol. 9(3), pages 323-341.
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    3. Edward Nissan & Farhang Niroomand, 2015. "Economic, welfare, demographic, and gender inequalities among selected Arab countries," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 39(2), pages 396-411, April.
    4. Farhang Niroomand & Edward Nissan, 2007. "Socio-Economic Gaps within the EU: A Comparison," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 13(3), pages 365-378, August.

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