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Economic Utility and Demand for Children - Reply
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Professor K.S. Srikantan has four major observations about my paper (this Journal, 1988): (i) the theoretical framework used is not accepted in the literature, (ii) the theoretical model is weak in the Indian context, (iii) in the empirical analysis certain variables are misinterpreted, and (iv) the conclusion of the paper is unacceptable. I will start with the importance of the theoretical framework.
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