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Product variety and the demographic transition

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  • Guzmán, Ricardo Andrés
  • Weisdorf, Jacob Louis

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.

Suggested Citation

  • Guzmán, Ricardo Andrés & Weisdorf, Jacob Louis, 2010. "Product variety and the demographic transition," Economics Letters, Elsevier, vol. 107(1), pages 74-76, April.
    • Handle: RePEc:eee:ecolet:v:107:y:2010:i:1:p:74-76
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    References listed on IDEAS

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    1. David de la Croix & Omar Licandro, 2013. "The Child is Father Of the Man: Implications for the Demographic Transition," Economic Journal, Royal Economic Society, vol. 123(567), pages 236-261, March.
    2. Galor, Oded, 2005. "From Stagnation to Growth: Unified Growth Theory," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 4, pages 171-293, Elsevier.
    3. David N. Weil & Oded Galor, 1999. "From Malthusian Stagnation to Modern Growth," American Economic Review, American Economic Association, vol. 89(2), pages 150-154, May.
    4. David N. Weil & Oded Galor, 2000. "Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond," American Economic Review, American Economic Association, vol. 90(4), pages 806-828, September.
    5. Theodore C. Bergstrom, 2007. "Some Evolutionary Economics of Family Partnerships," American Economic Review, American Economic Association, vol. 97(2), pages 482-486, May.
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    Cited by:

    1. Becker, Sascha O & Cinnirella, Francesco & Woessmann, Ludger, 2011. "Does Parental Education Affect Fertility? Evidence from Pre-Demographic Transition Prussia," CAGE Online Working Paper Series 41, Competitive Advantage in the Global Economy (CAGE).
    2. Sandra Brée & David de la Croix, 2019. "Key forces behind the decline of fertility: lessons from childlessness in Rouen before the industrial revolution," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 13(1), pages 25-54, January.
    3. Sascha O. Becker & Francesco Cinnirella & Ludger Woessmann, 2013. "Does women's education affect fertility? Evidence from pre-demographic transition Prussia," European Review of Economic History, European Historical Economics Society, vol. 17(1), pages 24-44, February.
    4. Jianchoun Dou, 2021. "Variety, Fertility, and Long-term Economic Growth," LIDAM Discussion Papers IRES 2021020, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

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    More about this item

    Keywords

    Demographic transition Demand for children Product variety Malthus;

    JEL classification:

    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

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