Product variety and the second demographic transition

Guzmán, Ricardo Andrés and Weisdorf, Jacob Louis (2009): Product variety and the second demographic transition. Unpublished.

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: Demographic transition; demand for children; product variety; Malthus.
• Subjects: J - Labor and Demographic Economics > J1 - Demographic Economics > J13 - Fertility; Family Planning; Child Care; Children; Youth; O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O10 - General; N - Economic History > N3 - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, and Religion > N30 - General, International, or Comparative

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