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MARRIAGE AND ECONOMIC DEVELOPMENT IN THE TWENTIETH CENTURY
Published online by Cambridge University Press: 22 November 2017
Abstract:
There is an extensive literature discussing how individuals’ marriage behavior changes as a country develops. However, no existing data set allows an explicit investigation of the relationship between marriage and economic development. In this paper, we construct new cross-country panel data on marital statistics for 16 OECD countries from 1900 to 2000, in order to analyze such a relationship. We use this data set, together with cross-country data on real GDP per capita and the value added share of agriculture, manufacturing, and services sectors, to document two novel stylized facts. First, the fraction of a country’s population that is married displays a hump-shaped relationship with the level of real GDP per capita. Second, the fraction of the married correlates positively with the share of manufacturing in GDP. We conclude that the stage of economic development of a country is a key factor that affects individuals’ family formation decisions.
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- Copyright © Université catholique de Louvain 2017
Footnotes
We thank Michele Boldrin, Nezih Guner, Diego Restuccia, José-Víctor Ríos-Rull, and seminar participants at the University of Queensland, University of Technology Sydney, University of Sassari, University of Melbourne, Monash University, the Econometric Society North American Meeting (Minneapolis), Public Economic Theory (Seattle), the Southern Workshop in Macroeconomics (Auckland), the Summer School in Economic Growth (Capri), the V Workshop on Institutions, Individual Behavior and Economic Outcomes (Alghero), and the Third Workshop on Structural Change and Macroeconomic Dynamics (PSE) for the useful comments. Stojanka Andric provided excellent research assistance. The data and Stata codes used in this paper are available online at https://github.com/econtanaka/JODE_Moro_Moslehi_Tanaka. The usual disclaimers apply.
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