Land ownership, the subsistence constraint, and the demographic transition
Joel M. Guttman () and
Avi Tillman ()
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Joel M. Guttman: Bar-Ilan University
Avi Tillman: University College London
Review of Economics of the Household, 2017, vol. 15, issue 3, No 14, 1017-1036
Abstract:
Abstract We develop a novel model of fertility choice predicting an increase and subsequent decrease in fertility levels without introducing a quality–quantity tradeoff, mortality changes, or urbanization. The model highlights the roles of a subsistence constraint and non-wage income deriving from the ownership of land. We show that the sign of the effect of the wage rate on fertility depends on whether non-wage income is greater or less than a minimum consumption level. Suggestive evidence supporting the model, on changes in fertility from 1851 to 1891 across French départements, is provided. Finally, we embed our static model in a model of endogenous growth, and provide a numerical illustration of the working of the model.
Keywords: Demographic transition; Subsistence constraint; Fertility decline; New household economics; Land ownership (search for similar items in EconPapers)
JEL-codes: J13 N13 N33 O41 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:kap:reveho:v:15:y:2017:i:3:d:10.1007_s11150-015-9286-9
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DOI: 10.1007/s11150-015-9286-9
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