Product Variety and the Demographic Transition

Ricardo Andrés Guzmán, Jacob Louis Weisdorf

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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.

OriginalsprogEngelsk
UdgiverDepartment of Economics, University of Copenhagen
Antal sider5
StatusUdgivet - 2009

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