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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: Abdul Razak, Nor Azam, Abdul Hakim, Roslan, Ismail, Russayani
Format: Article
Language:English
Published: Canadian Center of Science and Education 2011
Subjects:
HC Economic History and Conditions
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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spelling my.uum.repo.122972016-04-21T04:41:55Z http://repo.uum.edu.my/12297/ 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 Abdul Hakim, Roslan Ismail, Russayani HC Economic History and Conditions 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. Canadian Center of Science and Education 2011 Article PeerReviewed application/pdf en cc_by http://repo.uum.edu.my/12297/1/79.pdf 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 http://dx.doi.org/10.5539/ijef.v3n3p257 doi:10.5539/ijef.v3n3p257
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HC Economic History and Conditions
spellingShingle HC Economic History and Conditions
Abdul Razak, Nor Azam
Abdul Hakim, Roslan
Ismail, Russayani
The trade-off between child quantity and child quality: An application of the Kremer-Chen model to households in rural Terengganu, Malaysia
description 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.
format Article
author Abdul Razak, Nor Azam
Abdul Hakim, Roslan
Ismail, Russayani
author_facet Abdul Razak, Nor Azam
Abdul Hakim, Roslan
Ismail, Russayani
author_sort Abdul Razak, Nor Azam
title The trade-off between child quantity and child quality: An application of the Kremer-Chen model to households in rural Terengganu, Malaysia
title_short The trade-off between child quantity and child quality: An application of the Kremer-Chen model to households in rural Terengganu, Malaysia
title_full The trade-off between child quantity and child quality: An application of the Kremer-Chen model to households in rural Terengganu, Malaysia
title_fullStr The trade-off between child quantity and child quality: An application of the Kremer-Chen model to households in rural Terengganu, Malaysia
title_full_unstemmed The trade-off between child quantity and child quality: An application of the Kremer-Chen model to households in rural Terengganu, Malaysia
title_sort trade-off between child quantity and child quality: an application of the kremer-chen model to households in rural terengganu, malaysia
publisher Canadian Center of Science and Education
publishDate 2011
url http://repo.uum.edu.my/12297/1/79.pdf
http://repo.uum.edu.my/12297/
http://dx.doi.org/10.5539/ijef.v3n3p257
_version_ 1644280876288180224
score 13.211869

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