DYNAMICS AND STAGNATION IN THE MALTHUSIAN EPOCH PDF

See other articles in PMC that cite the published article. Abstract This paper examines the central hypothesis of the influential Malthusian theory, according to which improvements in the technological environment during the pre-industrial era had generated only temporary gains in income per capita, eventually leading to a larger, but not significantly richer, population. Exploiting exogenous sources of cross-country variations in land productivity and the level of technological advancement the analysis demonstrates that, in accordance with the theory, technological superiority and higher land productivity had significant positive effects on population density but insignificant effects on the standard of living, during the time period 1— CE. While living standards in the world economy stagnated during the millennia preceding the Industrial Revolution, income per capita has encountered an unprecedented ten-fold increase in the past two centuries, profoundly altering the level and the distribution of education, health and wealth across the globe. Nevertheless, the underlying premise of the theory, that technological progress and resource expansion during this epoch had contributed primarily to the size of the population leaving income per capita relatively unaffected in the long run, has not been tested.

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DYNAMICS AND STAGNATION IN THE MALTHUSIAN EPOCH

Access and download statistics Corrections All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. See general information about how to correct material in RePEc. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact:. If you have authored this item and are not yet registered with RePEc, we encourage you to do it here.

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Dynamics and Stagnation in the Malthusian Epoch

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