DP8249 The Demographic Transition: Causes and Consequences

Author(s): Oded Galor
Publication Date: February 2011
Keyword(s): Demographic transition, Fertility, Gender Gap, Human capital, Mortality, Unified Growth Theory
JEL(s): J1, O10
Programme Areas: International Macroeconomics
Link to this Page: cepr.org/active/publications/discussion_papers/dp.php?dpno=8249

This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding of the transition from stagnation to growth. The analysis suggests that the rise in the demand for human capital in the process of development was the main trigger for the decline in fertility and the transition to modern growth