Economics of Child Adoption: Demand, Supply, Regulation

<p>This work is devoted to the problem of intercountry adoption of orphan children by foreign citizens. Every state is interested in elimination of the Institute of orphanages at all and in providing all orphans full family. According UNISEF there are about thirteen million children living in orphanages in developing countries. Development of cooperation between countries on the issue of intercountry adoption can partially solve this problem. The main purpose of this work is to study the influence of various social, political and economic parameters on the level of adoption of orphans abroad. In this work we put the problem to analyze and give a general characterization of the major markets of intercountry adoption, identify the most important parameters affecting the level of adoption. The survey showed that the majority of adopters indicate the main reason when deciding on intercountry adoption of orphans personal altruism. On this basis, it has been hypothesized that the most significant parameter affecting the level of adoption of orphans abroad, is the level of social capital.</p><p>In operation, data were collected on the number of orphans adopted by American citizens abroad for the fifty U.S. states and the District of Columbia. According to these data was conducted regression analysis on the data for 2013 on all major parameters and panel data for 9 years from 2013 to 2005 in the parameters characterizing the level of social capital, the level of social welfare and income level.</p><p>Following results were obtained: a strong influence on the level of foreign adoption parameters characterizing the level of social capital, such as charity, volunteer activity and the number of non-profit organizations; importance of a strong religious preference - Protestant much more prone to the adoption of children abroad than Catholics; significant impact on the level of education decision on adoption; insignificance of the parameters the average income of the population and political preferences.</p>