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Cheap Children and the Persistence of Poverty
Open accessAbstract
This paper develops a theory of fertility that offers an explanation for the persistence of poverty within and across countries. If educated individuals have a comparative advantage in raising educated children then parental fertility choice is shown to give rise to a poverty trap, in which the poor choose high fertility rates with low investment in child quality. Moreover, the impact of child quality choice on economic performance is amplified by the diluting effect of higher fertility on physical capital accumulation. The theory proposes insights regarding the effects of inequality, globalisation and life expectancy on economic growth and demographic transitions.
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Citations
Cites
Inequality and Growth: What Can the Data Say?
Banerjee, A. V., & Duflo, E. (2003) · Journal of Economic Growth · doi:10.1023/a:1026205114860 · Cited by 592
Be fruitful or multiply: On the interplay between fertility and economic development
Ahituv, A. (2001) · Journal of Population Economics · doi:10.1007/s001480050159 · Cited by 83
Cited by
Galor, O., & Weil, D. N. (2000) · American Economic Review · doi:10.1257/aer.90.4.806 · Cited by 2,319
The long-run determinants of fertility: one century of demographic change 1900–1999
Herzer, D., Strulik, H., & Vollmer, S. (2012) · Journal of Economic Growth · doi:10.1007/s10887-012-9085-6 · Cited by 170
The past and future of knowledge-based growth
Strulik, H., Prettner, K., & Prskawetz, A. (2013) · Journal of Economic Growth · doi:10.1007/s10887-013-9098-9 · Cited by 163
To Segregate or to Integrate: Education Politics and Democracy
DE LA CROIX, D., & DOEPKE, M. (2009) · Review of Economic Studies · doi:10.1111/j.1467-937x.2008.00529.x · Cited by 135
Shocking behavior: random wealth in antebellum georgia and human capital across generations
Bleakley, H., & Ferrie, J. (2016) · The Quarterly Journal of Economics · doi:10.1093/qje/qjw014 · Cited by 125
Metadata
- Authors
- Moav, O.
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 2004-12-22
- Volume
- 115
- Issue
- 500
- Pages
- 88-110
- ISSN
- 0013-0133 (ISSN-L)
- 1468-0297
- OpenAlex
- W3124226822
- Cited by
- 349
- References
- 2
- FWCI
- 38.72
- Type
- journal article
- Language
- en
- Open access
- green
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- Moav, O. (2005). Cheap Children and the Persistence of Poverty. The Economic Journal. https://doi.org/10.1111/j.1468-0297.2004.00961.x
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.