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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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