IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/106432.html

Childcare Support and Economic Growth in an Ultra-Declining Birthrate Society

Author

Listed:
  • Miyake, Yusuke

Abstract

This paper analyzes weather public capital investment oor childcare support maximize growth rate in an ultra-declining birthrate society using a labor augmented model with the public capital. We clarify the global stability of the private capital-public capital ratio to the steady state. In addition, we analyze the effect of increasing expenditure share of a tax revenue on the economic growth. The result of this analysis shows that increased share on the public capital investment brings the higher economic growth. This means that if all tax revenue is allocated to the public capital investment, the growth rate will be maximized.

Suggested Citation

  • Miyake, Yusuke, 2021. "Childcare Support and Economic Growth in an Ultra-Declining Birthrate Society," MPRA Paper 106432, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:106432
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/106432/1/MPRA_paper_106432.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Docquier, Frederic & Paddison, Oliver & Pestieau, Pierre, 2007. "Optimal accumulation in an endogenous growth setting with human capital," Journal of Economic Theory, Elsevier, vol. 134(1), pages 361-378, May.
    2. Gary S. Becker, 1981. "A Treatise on the Family," NBER Books, National Bureau of Economic Research, Inc, number beck81-1, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bishnu, Monisankar, 2013. "Linking consumption externalities with optimal accumulation of human and physical capital and intergenerational transfers," Journal of Economic Theory, Elsevier, vol. 148(2), pages 720-742.
    2. Miyake, Yusuke, 2022. "Which is Better, Childcare Support or Public Capital Investment?," MPRA Paper 114528, University Library of Munich, Germany.
    3. Yew, Siew Ling & Zhang, Jie, 2013. "Socially optimal social security and education subsidization in a dynastic model with human capital externalities, fertility and endogenous growth," Journal of Economic Dynamics and Control, Elsevier, vol. 37(1), pages 154-175.
    4. Miyake, Yusuke, 2021. "Public capital and childcare capital in the two sector growth model," MPRA Paper 108311, University Library of Munich, Germany.
    5. Alessandro Cigno, 2007. "A Theoretical Analysis of the Effects of Legislation on Marriage, Fertility, Domestic Division of Labour, and the Education of Children," CESifo Working Paper Series 2143, CESifo.
    6. Lamia Kandil & Hélène Perivier, 2017. "La division sexuée du travail dans les couples selon le statut marital en France - une étude à partir des enquêtes emploi du temps de 1985-1986, 1998-1999, et 2009-2010," Documents de Travail de l'OFCE 2017-03, Observatoire Francais des Conjonctures Economiques (OFCE).
    7. repec:plo:pone00:0160320 is not listed on IDEAS
    8. Robert Kaestner, 1995. "The Effects of Cocaine and Marijuana Use on Marriage and Marital Stability," NBER Working Papers 5038, National Bureau of Economic Research, Inc.
    9. Yan Yu, 2015. "The Male Breadwinner/Female Homemaker Model and Perceived Marital Stability: A Comparison of Chinese Wives in the United States and Urban China," Journal of Family and Economic Issues, Springer, vol. 36(1), pages 34-47, March.
    10. Kota Ogasawara & Mizuki Komura, 2022. "Consequences of war: Japan’s demographic transition and the marriage market," Journal of Population Economics, Springer;European Society for Population Economics, vol. 35(3), pages 1037-1069, July.
    11. Allan Puur & Leen Rahnu & Liili Abuladze & Luule Sakkeus & Sergei Zakharov, 2017. "Childbearing among first- and second-generation Russians in Estonia against the background of the sending and host countries," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 36(41), pages 1209-1254.
    12. Sunnee Billingsley, 2010. "The Post-Communist Fertility Puzzle," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 29(2), pages 193-231, April.
    13. Ahn, Kunwon & Winters, John V., 2025. "Causal Effects of Education on Marriage," IZA Discussion Papers 17665, IZA Network @ LISER.
    14. Marcén, Miriam & Molina, José Alberto & Morales, Marina, 2018. "The effect of culture on the fertility decisions of immigrant women in the United States," Economic Modelling, Elsevier, vol. 70(C), pages 15-28.
    15. Peggy Barlett & Linda Lobao & Katherine Meyer, 1999. "Diversity in attitudes toward farming and patterns of work among farm women: A regional comparison," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 16(4), pages 343-354, December.
    16. Michael E. Martell & Peyton Nash, 2020. "For Love and Money? Earnings and Marriage Among Same-Sex Couples," Journal of Labor Research, Springer, vol. 41(3), pages 260-294, September.
    17. William S. Schulze & Michael H. Lubatkin & Richard N. Dino, 2002. "Altruism, agency, and the competitiveness of family firms," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 23(4-5), pages 247-259.
    18. Luis Garicano & Thomas N. Hubbard, 2016. "The Returns to Knowledge Hierarchies," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 32(4), pages 653-684.
    19. Zeng, Jinli & Zhang, Jie, 2022. "Education policies and development with threshold human capital externalities," Economic Modelling, Elsevier, vol. 108(C).
    20. Jeffrey T. Macher & John W. Mayo & Olga Ukhaneva & Glenn A. Woroch, 2017. "From universal service to universal connectivity," Journal of Regulatory Economics, Springer, vol. 52(1), pages 77-104, August.
    21. Lesly Cassin, 2018. "The effects of migration and pollution externality on cognitive skills in Caribbean economies: a Theoretical analysis," EconomiX Working Papers 2018-30, University of Paris Nanterre, EconomiX.

    More about this item

    Keywords

    ;

    JEL classification:

    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:106432. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.