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Product variety and the demand for children

Jacob Weisdorf and Ricardo Guzmán ()

MPRA Paper from University Library of Munich, Germany

Abstract: Why does the rate of population growth decline in the face of economic growth? This study shows that growing product variety, along with more expensive children, 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 O10 N30 (search for similar items in EconPapers)
Date: 2009-02
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https://mpra.ub.uni-muenchen.de/14228/1/MPRA_paper_14228.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/19079/1/MPRA_paper_19079.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:14228

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