The trade-off between child quantity and child quality: An application of the Kremer-Chen model to households in rural Terengganu, Malaysia
The idea of the trade-off between child quantity and child quality has long been documented in economics. In the past, this trade-off has been attributed to the rising marginal cost of child quantity and quality. In recent years, this trade-off has been attributed to a declining direct cost of child...
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| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Canadian Center of Science and Education
2011
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| Subjects: | |
| Online Access: | http://repo.uum.edu.my/12297/1/79.pdf http://repo.uum.edu.my/12297/ http://dx.doi.org/10.5539/ijef.v3n3p257 |
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| Summary: | The idea of the trade-off between child quantity and child quality has long been documented in economics. In the past, this trade-off has been attributed to the rising marginal cost of child quantity and quality. In recent years, this trade-off has been attributed to a declining direct cost of childrearing and an escalating opportunity cost of childrearing induced by rising household income. Exploiting a micro data set from rural Terengganu, we revisit the
idea based on this new postulate.Our goal is to investigate whether a rise in household income has a positive impact on child quality and a negative impact on child quantity. In a series of empirical exercises, we find that household income has a positive impact on
both child quantity and child quality.We take these findings as evidence that there is
no trade-off between child quantity and child quality among rural households in Terengganu, Malaysia. |
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