The Demographic Transition: Causes and Consequences
Brown University - Department of Economics; Centre for Economic Policy Research (CEPR)
IZA Discussion Paper No. 6334
This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding of the transition from stagnation to growth. The analysis suggests that the rise in the demand for human capital in the process of development was the main trigger for the decline in fertility and the transition to modern growth.
Number of Pages in PDF File: 38
Keywords: demographic transition, gender gap, human capital, fertility, mortality, Unified Growth Theory
JEL Classification: O10, J1
Date posted: February 12, 2012