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Theories of economic growth hypothesize that the transition from pre-industrial stagnation to sustained growth is associated with a post-Malthusian phase in which technological progress raises income and spurs population growth while offsetting diminishing returns to labour. Evidence suggests...
Persistent link: https://www.econbiz.de/10010227405
Theories of economic growth hypothesize that the transition from pre-industrial stagnation to sustained growth is associated with a post-Malthusian phase in which technological progress raises income and spurs population growth while offsetting diminishing returns to labour. Evidence suggests...
Persistent link: https://www.econbiz.de/10010420266
In spite of two centuries of extensive debate, a consistent framework of the classical theory of population on which economists can universally agree has not been established. This means that either the theory lacks consistency or it has been misunderstood in important ways. This paper attempts...
Persistent link: https://www.econbiz.de/10011817782
Many scholars have argued that once "basic needs" have been met, higher income is no longer associated with higher in subjective well-being. We assess the validity of this claim in comparisons of both rich and poor countries, and also of rich and poor people within a country. Analyzing multiple...
Persistent link: https://www.econbiz.de/10009738762
Maddison's international panel data show that technically it was the faster growth rate of the US economy that led to its overtaking the UK as economic superpower. We explore the contributing factors. Identifying the land-grant colleges system triggered by the 1862/1890 Morrill Acts (MAs) as a...
Persistent link: https://www.econbiz.de/10011880789
. However, in most of these models, an important effect suggested by Malthus has been frequently omitted. By including what he …
Persistent link: https://www.econbiz.de/10011818535
This work seeks to answer the "population question," i.e. the effect of population growth on production per capita. This question has lingered in economic thought for centuries and to this day two general lines of thought can be identified, which might be marked as the "optimist" and the...
Persistent link: https://www.econbiz.de/10011987234
Unified Growth Theory suggests the demographic transition and the associated rise in human capital formation were critical forces in the transition from Malthusian stagnation to modern economic growth. This paper provides empirical evidence in support of this hypothesis based on the Korean...
Persistent link: https://www.econbiz.de/10010436205
In this article I measure the child quantity-quality relationship in 1911 Ireland. My analysis shows that sibship size had a strong impact on the probability of school enrollment in both Belfast and Dublin. However, the magnitude of the relationship varied considerably across different cohorts,...
Persistent link: https://www.econbiz.de/10010293675
This work seeks to answer the "population question," i.e. the effect of population growth on production per capita. This question has lingered in economic thought for centuries and to this day two general lines of thought can be identified, which might be marked as the "optimist" and the...
Persistent link: https://www.econbiz.de/10011990204