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This paper provides a uni?ed growth theory, i.e. a model that explains the very long-run economic and demographic …
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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...
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This paper provides a unified growth theory, i.e. a model that explains the very long-run economic and demographic …
Persistent link: https://www.econbiz.de/10012721181
The historical fertility transition is the process by which much of Europe and North America went from high to low …
Persistent link: https://www.econbiz.de/10008664560
fertility. The theory admits a unique Malthusian equilibrium in a two-dimensional state space characterized by population …
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