Abstract

http://ssrn.com/abstract=1851251
 
 

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Economic Growth and Evolution: Parental Preferences for Quality and Quantity of Offspring


Jason Collins


University of Western Australia - UWA Business School

Boris Baer


University of Western Australia - Plant Energy Biology

Ernst Juerg Weber


University of Western Australia - UWA Business School

August 24, 2012

Working Paper

Abstract:     
This paper presents a quantitative analysis of the model developed in Galor and Moav, Natural Selection and the Origin of Economic Growth (2002), in which agents vary genetically in their preference for quality and quantity of children. The simulation produces a pattern of income and population growth that resembles the period of Malthusian stagnation before the Industrial Revolution and the take-off into a modern growth era. We also investigate the possibility that the economy will regress to Malthusian conditions after the modern growth era and show the susceptibility of the modern high-growth state to an increasing prevalence of a strongly quantity-preferring genotype.

Number of Pages in PDF File: 35

Keywords: Evolution, Natural selection, Growth, Education, Human capital

JEL Classification: E10, J11, J13, J24, N00, O11

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Date posted: May 25, 2011 ; Last revised: August 27, 2012

Suggested Citation

Collins, Jason and Baer, Boris and Weber, Ernst Juerg, Economic Growth and Evolution: Parental Preferences for Quality and Quantity of Offspring (August 24, 2012). Working Paper. Available at SSRN: http://ssrn.com/abstract=1851251 or http://dx.doi.org/10.2139/ssrn.1851251

Contact Information

Jason Collins
University of Western Australia - UWA Business School ( email )
Crawley, Western Australia 6009
Australia
Boris Baer
University of Western Australia - Plant Energy Biology ( email )
Crawley, Western Australia 6009
Australia
Ernst Juerg Weber (Contact Author)
University of Western Australia - UWA Business School ( email )
Crawley, WA 6009
Australia
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