Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond
David Weil and
Oded Galor
American Economic Review, 2000, vol. 90, issue 4, 806-828
Abstract:
This paper develops a unified growth model that captures the historical evolution of population, technology, and output. It encompasses the endogenous transition between three regimes that have characterized economic development. The economy evolves from a Malthusian regime, where technological progress is slow and population growth prevents any sustained rise in income per capita, into a Post-Malthusian regime, where technological progress rises and population growth absorbs only part of output growth. Ultimately, a demographic transition reverses the positive relationship between income and population growth, and the economy enters a Modern Growth regime, with reduced population growth and sustained income growth.
JEL-codes: J11 O11 O41 (search for similar items in EconPapers)
Date: 2000
Note: DOI: 10.1257/aer.90.4.806
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Working Paper: Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond (1999)
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