Child Mortality, Child Labour, and Economic Development
The paper presents a model where the interplay between fertility, child labour, and education can explain economic stagnation when parents live in an environment of high child mortality. If in contrast child mortality is low, the solution of the parental decision problem leads to perpetual economic growth. The two long-run states are connected by a path of demographic transition and economic take-off along which the incidence of child labour disappears. The paper also discusses alternative policies to escape from the low income equilibrium.
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- 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.
- Ben S. Bernanke & Refet S. Gürkaynak, 2002.
"Is Growth Exogenous? Taking Mankiw, Romer, and Weil Seriously,"
in: NBER Macroeconomics Annual 2001, Volume 16, pages 11-72
National Bureau of Economic Research, Inc.
- Ben S. Bernanke & Refet S. Gurkaynak, 2001. "Is Growth Exogenous? Taking Mankiw, Romer and Weil Seriously," NBER Working Papers 8365, National Bureau of Economic Research, Inc.
- Robert J. Barro, 2012.
"Inflation and Economic Growth,"
CEMA Working Papers
568, China Economics and Management Academy, Central University of Finance and Economics.
- Keith Blackburn & Giam Pietro Cipriani, 1998. "Endogenous fertility, mortality and growth," Journal of Population Economics, Springer;European Society for Population Economics, vol. 11(4), pages 517-534.
- Moshe Hazan & Binyamin Berdugo, 2005.
"Child Labor, Fertility and Economic Growth,"
Development and Comp Systems
- Glomm, Gerhard, 1997. "Parental choice of human capital investment," Journal of Development Economics, Elsevier, vol. 53(1), pages 99-114, June.
- Dessy, Sylvain E., 2000. "A defense of compulsive measures against child labor," Journal of Development Economics, Elsevier, vol. 62(1), pages 261-275, June.
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