Product Variety and the Demographic Transition

6 Pages Posted: 11 Dec 2009 Last revised: 2 Feb 2010

See all articles by Ricardo Andres Guzman

Ricardo Andres Guzman

affiliation not provided to SSRN

Jacob Louis Weisdorf

University of Copenhagen - Department of Economics

Date Written: December 8, 2009

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.

Keywords: demographic transition, demand for children, product variety, Malthus

JEL Classification: J13, N30, O10

Suggested Citation

Guzman, Ricardo Andres and Weisdorf, Jacob Louis, Product Variety and the Demographic Transition (December 8, 2009). Univ. of Copenhagen Dept. of Economics Discussion Paper No. 09-25. Available at SSRN: https://ssrn.com/abstract=1520922 or http://dx.doi.org/10.2139/ssrn.1520922

Ricardo Andres Guzman

affiliation not provided to SSRN ( email )

Jacob Louis Weisdorf (Contact Author)

University of Copenhagen - Department of Economics ( email )

Ă˜ster Farimagsgade 5
Bygning 26
1353 Copenhagen K.
Denmark

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