Dynamics and Stagnation in the Malthusian Epoch: Theory and Evidence

@inproceedings{Ashraf2008DynamicsAS,
  title={Dynamics and Stagnation in the Malthusian Epoch: Theory and Evidence},
  author={Quamrul H. Ashraf and Oded Galor},
  year={2008}
}
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… CONTINUE READING

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