The tradeoff between fertility and education : evidence from the Korean development path

Lee, Joongho; Jun, Bogang

The tradeoff between fertility and education : evidence from the Korean development path

dc.contributor.author	Lee, Joongho	de
dc.contributor.author	Jun, Bogang	de
dc.date.accessioned	2024-04-08T08:50:26Z
dc.date.available	2024-04-08T08:50:26Z
dc.date.created	2014-12-01
dc.date.issued	2014
dc.description.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 Korean industrialization in the late 20th century. Using a fixed effects model and a fixed effect two-stage least squares model, this study exploits variations in fertility and in human capital formation across regions in Korea over the period 1970 to 2010. This analysis finds a virtuous cycle, where technological progress increased the demand for human capital, leading to an increase in the level of education and, in turn, to a demographic transition. This establishes the existence of a quantity–quality tradeoff on the Korean development path.	en
dc.identifier.swb	420274278
dc.identifier.uri	https://hohpublica.uni-hohenheim.de/handle/123456789/5855
dc.identifier.urn	urn:nbn:de:bsz:100-opus-10252
dc.language.iso	eng
dc.relation.ispartofseries	FZID discussion papers; 92
dc.rights.license	publ-ohne-pod	en
dc.rights.license	publ-ohne-pod	de
dc.rights.uri	http://opus.uni-hohenheim.de/doku/lic_ubh.php
dc.subject	Demographic transition	en
dc.subject	Quantity–quality trade-off	en
dc.subject	Malthusian stagnation	en
dc.subject	Unified growth theory	en
dc.subject.ddc	330
dc.subject.gnd	Wachstumstheorie	de
dc.subject.gnd	Korea	de
dc.subject.gnd	Demographie	de
dc.title	The tradeoff between fertility and education : evidence from the Korean development path	de
dc.type.dcmi	Text	de
dc.type.dini	WorkingPaper	de
local.access	uneingeschränkter Zugriff	en
local.access	uneingeschränkter Zugriff	de
local.bibliographicCitation.publisherPlace	Universität Hohenheim	de
local.faculty.number	3	de
local.faculty.number	7	de
local.institute.number	520	de
local.institute.number	795	de
local.opus.number	1025
local.series.issueNumber	92
local.series.title	FZID discussion papers
local.university	Universität Hohenheim	de
local.university.faculty	Faculty of Business, Economics and Social Sciences	en
local.university.faculty	Fakultät Wirtschafts- und Sozialwissenschaften	de
local.university.faculty	Landesanstalten	de
local.university.institute	Institute for Economics	en
local.university.institute	Institut für Volkswirtschaftslehre	de
local.university.institute	Forschungszentrum Innovation und Dienstleistung	de

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