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AN ECONOMIC ANALYSIS OF THE DEMAND FOR ABORTIONS
Author(s) -
Medoff Marshall H.
Publication year - 1988
Publication title -
economic inquiry
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.823
H-Index - 72
eISSN - 1465-7295
pISSN - 0095-2583
DOI - 10.1111/j.1465-7295.1988.tb01499.x
Subject(s) - economics , income elasticity of demand , normal good , fertility , price elasticity of demand , on demand , derived demand , poverty , labour economics , demand curve , population , demographic economics , microeconomics , economic growth , demography , sociology , commerce
This study uses an economic model of fertility control to estimate the demand for abortions. The results show that the fundamental law of demand holds for abortions, with the price elasticity of demand equal to –.81. Abortions are a normal good with an income elasticity of demand equal to .79. The demand for abortions is also positively related to the labor force participation of women and to being unmarried. Catholic religion, education and the poverty status of women were found to have no statistically significant impact on the demand for abortions.