THE ECONOMICS OF FERTILITY: THE PUERTO RICAN EXPERIENCE.
Item
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Title
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THE ECONOMICS OF FERTILITY: THE PUERTO RICAN EXPERIENCE.
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Identifier
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AAI8103916
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identifier
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8103916
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Creator
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CANDELARIO, CARLOS.
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Contributor
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Michael Grossman
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Date
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1980
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Language
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English
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Publisher
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City University of New York.
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Subject
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Economics, Theory
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Abstract
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Using data obtained from the 1970 Census of Puerto Rico, two demand equations are estimated; one for the number of children desired by utility maximizing parents and the second for the "quality" of these children where the quality of children is approximated by the average level of education attained.;Estimation of the model takes into account various socio-economic determinants of the dependent variables such as wage rates of parents, education of parents, rural or urban setting and employment status of the household head. Estimation of the equations is performed using Ordinary Least Squares and two simultaneous equations techniques in order to take into consideration possible joint determination of the two endogenous variables. Alternative specifications of the model are also presented due to the existence of multicollinearity between explanatory variables and low R squares obtained for the estimates of the instrumental variables obtained for the first stage results of the simultaneous equations estimating techniques.;Results obtained in this dissertation confirm the majority of predictions made by economic theory. In addition, the hypothesis that couples view numbers and quality of children as substitute inputs in the production of child services was consistently reinforced.
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Type
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dissertation
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Source
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PQT Legacy CUNY.xlsx
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degree
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Ph.D.
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Program
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Economics
