Dynamics and Stagnation in the Malthusian Epoch: Theory and Evidence
Williams College - Department of Economics
Brown University - Department of Economics; Centre for Economic Policy Research (CEPR); Massachusetts Institute of Technology (MIT) - School of Humanities, Arts, and Social Sciences, Department of Economics
CEPR Discussion Paper No. DP7057
This paper empirically tests the predictions of the Malthusian theory with respect to both population dynamics and income per capita stagnation in the pre-Industrial Revolution era. The theory suggests that improvements in technology during this period generated only temporary gains in income per capita, eventually leading to a larger but not richer population. Using exogenous cross-country variations in land productivity and the timing of the Neolithic Revolution, the analysis demonstrates that, in accordance with the Malthusian theory, societies that were characterized by higher land productivity and an earlier onset of agriculture had higher population densities, but similar standards of living, during the time period 1-1500 CE.
Number of Pages in PDF File: 58
Keywords: Land, Malthusian Stagnation, Population Dynamics, Technological Progress
JEL Classification: N10, N30, N50, O10, O40, O50working papers series
Date posted: December 18, 2008
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