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Product Variety and the Demographic Transition

Ricardo Guzmán () and Jacob Weisdorf

No 09-25, Discussion Papers from University of Copenhagen. Department of Economics

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.

Keywords: demographic transition; demand for children; product variety; Malthus (search for similar items in EconPapers)
JEL-codes: J13 N30 O10 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2009-12
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Journal Article: Product variety and the demographic transition (2010) Downloads
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