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| Kazuhiro Yamamoto and Ken Tabata |
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| ''Sectorial sift, inverted U-shaped fertility dynamics, and growth'' |
| ( 2006, Vol. 10 No.5 ) |
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| This paper constructs a small open two-sector overlapping-generations model with the subsistence level of consumption of agricultural goods and explains the following key stylized facts in the process of economic development: increases followed by declines in fertility rate, increases in human capital investment for children, and a sectorial shift in labor from agriculture to manufacture. |
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| Keywords: Demographic transition Sectorial sift Economic development |
JEL: J1 - Demographic Economics: General
O1 - Economic Development: General |
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| Manuscript Received : Jul 14 2006 | | Manuscript Accepted : Jul 14 2006 |
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