Product variety and the second demographic transition

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

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, Innovation, Technological Change, and Growth > O1 - Economic Development > O10 - General; N - Economic History > N3 - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy > N30 - General, International, or Comparative

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