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Demographic Transition and Fertility Rebound in Economic Development

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  • Asako Ohinata
  • Dimitrios Varvarigos

Abstract

Recent evidence on the “fertility rebound” offers credence to the idea that, from the onset of early industrialization to the present day, the dynamics of fertility can be represented by an N‐shaped curve. An overlapping generations model with parental investment in human capital can account for these observed movements in fertility rates during the different stages of demographic change. A demographic transition with declining fertility emerges at the intermediate stage, when parents engage on a child quantity–quality trade‐off. At later stages, however, the process of economic growth generates sufficient resources so that households can rear more children while still providing the desirable amount of education investment per child.

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  • Asako Ohinata & Dimitrios Varvarigos, 2020. "Demographic Transition and Fertility Rebound in Economic Development," Scandinavian Journal of Economics, Wiley Blackwell, vol. 122(4), pages 1640-1670, October.
    • Handle: RePEc:bla:scandj:v:122:y:2020:i:4:p:1640-1670
    DOI: 10.1111/sjoe.12391
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    Cited by:

    1. Evangelos Dioikitopoulos & Dimitrios Varvarigos, 2023. "Delay in childbearing and the evolution of fertility rates," Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(3), pages 1545-1571, July.
    2. Takakura, Kei, 2023. "Child mortality, child labor, fertility, and demographics," Economic Modelling, Elsevier, vol. 127(C).
    3. Chen, Nana & Xu, Hangtian, 2021. "Why has the birth rate relatively increased in China's wealthy cities?," MPRA Paper 105960, University Library of Munich, Germany.
    4. Johanna Etner & Natacha Raffin & Thomas Seegmuller, 2022. "Postponement, career development and fertility rebound," AMSE Working Papers 2225, Aix-Marseille School of Economics, France.

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