Accession Number : AD0712283

Title :   AN ECONOMIC ANALYSIS OF QUANTITY-QUALITY SUBSTITUTION IN HOUSEHOLD FERTILITY DECISIONS,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : De Tray,Dennis N.

Report Date : AUG 1970

Pagination or Media Count : 41

Abstract : The objectives of the study are twofold. The first is the development of a general economic framework in which the number of children families have can be analyzed. This framework abstracts from questions of why families desire children (i.e., whether as consumption of investment goods or both) and concentrates on the 'production' of children. The emphasis is on the substitution of child quality for quantity, and on determining the elements in the production functions for quantity and quality. Education receives special attention since (1) it is an input into child quality, and (2) it affects the efficiency with which children are produced. The second objective involves the exploration of a body of demographic data. It should be kept in mind that while the basic model has complete generality, some of the specific assumptions and equations are formulated in the context of a developing nation, and therefore might not appear reasonable for, e.g., the United States. (Author)

Descriptors :   (*FERTILITY, POPULATION), (*ECONOMICS, MATHEMATICAL MODELS), CHILDREN, EDUCATION

Subject Categories : Economics and Cost Analysis
      Sociology and Law

Distribution Statement : APPROVED FOR PUBLIC RELEASE