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This paper develops a simple dynamic model to examine the breakout from a Malthusian economy to a modern growth regime. It identifies several factors that determine the fastest rate at which the population can grow without engendering declining living standards; this is termed maximum...
Persistent link: https://www.econbiz.de/10010201281
This paper develops a simple dynamic model to examine the breakout from a Malthusian economy to a modern growth regime. It identifies several factors that determine the fastest rate at which the population can grow without engendering declining living standards; this is termed maximum...
Persistent link: https://www.econbiz.de/10013075075
Persistent link: https://www.econbiz.de/10010191320
Persistent link: https://www.econbiz.de/10011570626
time. Yet we know remarkably little about why industrialization occurred so much earlier in some parts of the world than in … industrialization probabilities. The paper also explores the availability of nutrition for poorer segments of society. We examine the … industrialization. Simulations using parameter values for other countries show that Britain's early escape was only partly due to chance …
Persistent link: https://www.econbiz.de/10014056615
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
In the process of economic development economies grow through various regimes, each characterized by different demographic-economic interactions. The changes in these interactions are key elements in different explanations of the escape from Malthusian stagnation. We employ time-varying vector...
Persistent link: https://www.econbiz.de/10013056835
In the process of economic development economies grow through various regimes, each characterized by different demographic-economic interactions. The changes in these interactions are key elements in different explanations of the escape from Malthusian stagnation. We employ time-varying vector...
Persistent link: https://www.econbiz.de/10013059410
This paper develops a simple dynamic model to examine the breakout from a Malthusian economy to a modern growth regime. It identifies several factors that determine the fastest rate at which the population can grow without engendering declining living standards; this is termed maximum...
Persistent link: https://www.econbiz.de/10010333585
The first part of this paper develops a simple dynamic model to examine the takeoff, or breakout, from a Malthusian economy to a modern growth regime. It finds that several factors, most notably the rate of technological progress and the economic structure, determine the fastest rate at which...
Persistent link: https://www.econbiz.de/10013136958