Publication Type
Journal Article
Version
acceptedVersion
Publication Date
1-1989
Abstract
This is the 1st attempt in modelling fertility, labor force participation and marriage rate using Japanese data. The authors use Butz and Ward's model and extend it to a simultaneous equation system as in the case of Winegarden. Although the estimates obtained by Full Information Maximum Likelihood and Three Stage Least Squares of the model are statistically significant, some of the signs of the estimates are not consistent to a priori predictions. The crux of the model is that an increase in the wages of men has an unambiguous positive effect on fertility, whereas an increase in wages of women may not lead to higher fertility due to the dominance of substitution effect. But the issue of whether there are discriminatory employment practices and cultural pressures on the participation of women in the labor force, raised by the results obtained can only be answered using a larger set of data or with the help of panel data.
Keywords
Economic surveys, Labor supply, Labor market, Fertility, Housing surveys, Marriage, Japan
Discipline
Asian Studies | Human Resources Management | Labor Economics
Research Areas
Quantitative Finance
Publication
Applied Economics
Volume
21
Issue
1
First Page
59
Last Page
68
ISSN
0003-6846
Identifier
10.1080/772284231
Publisher
Taylor and Francis
Citation
LEE, David K. C. and GAN, Chin Lee.
An Economic Analysis of Fertility, Market Participation and Marriage Behaviour in Recent Japan. (1989). Applied Economics. 21, (1), 59-68.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/3369
Copyright Owner and License
Authors
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1080/772284231