Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond

Posted: 28 Jan 2001

See all articles by Oded Galor

Oded Galor

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

David N. Weil

Brown University - Department of Economics; National Bureau of Economic Research (NBER)

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 growth of income.

JEL Classification: E1, J10, J24, N3, O10, O40,

Suggested Citation

Galor, Oded and Weil, David Nathan, Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond. American Economic Review, Vol. 90, No. 4, Pp. 806-828, September 2000. Available at SSRN: https://ssrn.com/abstract=256540

Oded Galor (Contact Author)

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)

London
United Kingdom

HOME PAGE: http://www.econ.brown.edu/fac/Oded_Galor/

David Nathan Weil

Brown University - Department of Economics ( email )

Box B
Providence, RI 02912
United States
401-863-1754 (Phone)
401-863-1970 (Fax)

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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