Some observations on the economic framework for fertility analysis

Abstract

Abstract The economic framework for fertility analysis, first expounded in detail by Gary S. Becker(1), has attracted considerable attention among demographers. While some writers have enthusiastically endorsed the model, others have rejected it outright(3). A few attempts have also recently been made by some writers to modify or refine some of the concepts employed, and/or to change the modes of treatment of some of the factors in the original model. Unfortunately, several major objections levelled against the model still remain. It also remains to be examined whether the criticisms can be met without violating the principles and strategies espoused by economists. I believe (1) that most of the objections advanced against the model can be met by suitably modifying it, and (2) that the required modifications can be effected by employing strategies and conceptual schemes similar to those used in the demand analysis of consumer behaviour. The objective of this paper is to expound this belief. There is a strong possibility that after modification a healthy new theory will emerge which may prove useful in guiding research, as well as help to bring together different empirical findings in the literature, or to serve as a 'binder' for the theoretical speculations advanced by many research workers.