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The trade-off between fertility and education : Evidence from the Korean development path

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Full Text
Title The trade-off between fertility and education
Similar Titles
Sub Title

Evidence from the Korean development path

Material Type Reports
Author(English)

Jun, Bogang

Publisher

Seoul National University

Date 2013
Pages 26
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Social Development < Population
Government and Law < Public Administration

Abstract

Unified Growth Theory suggests the demographic transition and the associated rise in human capital formation were critical forces in the transition from Malthusian stagnation to modern economic growth. This paper provides empirical evidence in support of this hypothesis based on the development process in Korea. Exploiting variations in fertility in human capital formation across regions in Korea over the period 1970 to 2010, the study establishes that the process of development in Korea was associated with a reduction in child quantity and increase child quality.