Abstract

http://ssrn.com/abstract=1546257
 
 

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Dynamics and Stagnation in the Malthusian Epoch


Quamrul Ashraf


Williams College - Department of Economics

Oded Galor


Brown University - Department of Economics; Centre for Economic Policy Research (CEPR)

May 3, 2011

American Economic Review, Vol. 101, No. 5, 2011

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 1-1500 CE.

Number of Pages in PDF File: 56

Keywords: Technological Progress, Population Density, Malthusian Stagnation, Land Productivity, Neolithic Revolution

JEL Classification: N10, N30, N50, O10, O40, O50

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Date posted: February 2, 2010 ; Last revised: July 4, 2012

Suggested Citation

Ashraf, Quamrul and Galor, Oded, Dynamics and Stagnation in the Malthusian Epoch (May 3, 2011). American Economic Review, Vol. 101, No. 5, 2011. Available at SSRN: http://ssrn.com/abstract=1546257 or http://dx.doi.org/10.2139/ssrn.1546257

Contact Information

Quamrul Ashraf (Contact Author)
Williams College - Department of Economics ( email )
Schapiro Hall
24 Hopkins Hall Drive
Williamstown, MA 01267
United States
(413) 597-2476 (Phone)
(413) 597-4045 (Fax)
HOME PAGE: http://econ.williams.edu/people/qha1
Oded Galor
Brown University - Department of Economics ( email )
Providence, RI 02912
United States
HOME PAGE: http://www.econ.brown.edu/fac/Oded_Galor/
Centre for Economic Policy Research (CEPR)
77 Bastwick Street
London, EC1V 3PZ
United Kingdom
HOME PAGE: http://www.econ.brown.edu/fac/Oded_Galor/
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