Abstract
AbstractEmpirical studies have generally found that higher fertility has a negative or insignificant effect on economic growth. This article argues that this is because existing studies have failed to capture the long‐term lagged effects of fertility. By estimating a long‐term lagged panel model using data from 137 countries, I find that higher fertility first reduces and then increases economic growth, and the long‐term average effect is significantly positive. This finding is robust when focusing on countries at different development levels, exploiting exogenous fertility shocks from global family planning campaigns, and capitalizing on within‐country fertility variation resulting from China's one‐child policy.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
