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Product Variety and the Demographic Transition

Author

Listed:
  • Ricardo Andrés Guzmán

    (Universidad del Desarrollo, Santiago, Chile)

  • Jacob Weisdorf

    (Department of Economics, University of Copenhagen)

Abstract

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.

Suggested Citation

  • Ricardo Andrés Guzmán & Jacob Weisdorf, 2009. "Product Variety and the Demographic Transition," Discussion Papers 09-25, University of Copenhagen. Department of Economics.
    • Handle: RePEc:kud:kuiedp:0925
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    References listed on IDEAS

    as
    1. David de la Croix & Omar Licandro, 2013. "The Child is Father Of the Man: Implications for the Demographic Transition," Economic Journal, Royal Economic Society, vol. 123(567), pages 236-261, March.
    2. Oded_Galor, 2004. "From Stagnation to Growth:Unified Growth Theory," Working Papers 2004-15, Brown University, Department of Economics.
    3. Galor, Oded, 2005. "From Stagnation to Growth: Unified Growth Theory," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 4, pages 171-293, Elsevier.
    4. David N. Weil & Oded Galor, 1999. "From Malthusian Stagnation to Modern Growth," American Economic Review, American Economic Association, vol. 89(2), pages 150-154, May.
    5. 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.
    6. Theodore C. Bergstrom, 2007. "Some Evolutionary Economics of Family Partnerships," American Economic Review, American Economic Association, vol. 97(2), pages 482-486, May.
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    Citations

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    Cited by:

    1. Becker, Sascha O; Cinnirella, Francesco; Woessmann, Ludger, 2011. "Does Parental Education Affect Fertility? Evidence from Pre-Demographic Transition Prussia," CAGE Online Working Paper Series 41, Competitive Advantage in the Global Economy (CAGE).
    2. Sandra Brée & David de la Croix, 2019. "Key forces behind the decline of fertility: lessons from childlessness in Rouen before the industrial revolution," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 13(1), pages 25-54, January.
    3. Sascha O. Becker & Francesco Cinnirella & Ludger Woessmann, 2013. "Does women's education affect fertility? Evidence from pre-demographic transition Prussia," European Review of Economic History, European Historical Economics Society, vol. 17(1), pages 24-44, February.
    4. Jianchoun Dou, 2021. "Variety, Fertility, and Long-term Economic Growth," LIDAM Discussion Papers IRES 2021020, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

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    More about this item

    Keywords

    demographic transition; demand for children; product variety; Malthus;
    All these keywords.

    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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