UUM Repository | Universiti Utara Malaysian Institutional Repository
FAQs | Feedback | Search Tips | Sitemap

The trade-off between child quantity and child quality: An application of the Kremer-Chen model to households in rural Terengganu, Malaysia


Abdul Razak, Nor Azam and Abdul Hakim, Roslan and Ismail, Russayani (2011) The trade-off between child quantity and child quality: An application of the Kremer-Chen model to households in rural Terengganu, Malaysia. International Journal of Economics and Finance, 3 (3). pp. 257-266. ISSN 1916-971X

[img]
Preview
PDF
Available under License Creative Commons Attribution.

Download (216kB) | Preview

Abstract

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.

Item Type: Article
Uncontrolled Keywords: Child quantity, Child quality, Direct cost of childrearing, Opportunity cost of childrearing, Household income, Kremer-Chen model
Subjects: H Social Sciences > HC Economic History and Conditions
Divisions: School of Economics, Finance & Banking
Depositing User: Dr. Nor Azam Abdul Razak
Date Deposited: 20 Oct 2014 08:23
Last Modified: 21 Apr 2016 04:41
URI: http://repo.uum.edu.my/id/eprint/12297

Actions (login required)

View Item View Item