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This study constructs a simple, two-sector Malthusian model with agriculture and industry, and use it to identify the determinants of subsistence income. We make standard assumptions about preferences and production technology, but by contrast to existing studies we assume that children and...
Persistent link: https://www.econbiz.de/10010270038
This paper empirically tests the predictions of the Malthusian theory with respect to both population dynamics and income per capita stagnation in the pre-Industrial Revolution era. The theory suggests that improvements in technology during this period generated only temporary gains in income...
Persistent link: https://www.econbiz.de/10010284055
This research contributes to the understanding of human genetic diversity within a society as a significant determinant of its economic development. The hypothesis advanced and empirically examined in this paper suggests that there are socioeconomic trade-offs associated with genetic diversity...
Persistent link: https://www.econbiz.de/10010284081
Persistent link: https://www.econbiz.de/10010517231
We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas the efficiency of one alternative energy source is limited. With capital and energy as complements, there exist two steady states: one stagnant where energy is fully derived...
Persistent link: https://www.econbiz.de/10010529424
Persistent link: https://www.econbiz.de/10001638009
Persistent link: https://www.econbiz.de/10003785842
This study constructs a simple, two-sector Malthusian model with agriculture and industry, and use it to identify the determinants of subsistence income. We make standard assumptions about preferences and production technology, but by contrast to existing studies we assume that children and...
Persistent link: https://www.econbiz.de/10003857649
Persistent link: https://www.econbiz.de/10003840411
Persistent link: https://www.econbiz.de/10008697590