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

@article{Galor1998PopulationTA,
  title={Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond},
  author={Oded Galor and David. Weil},
  journal={The American Economic Review},
  year={1998},
  volume={90},
  pages={806-828}
}
This paper develops a unified model of growth, population, and technological progress that is consistent with long-term historical evidence. The economy endogenously evolves through three phases. In the Malthusian regime, population growth is positively related to the level of income per capita. Technological progress is slow and is matched by proportional increases in population, so that output per capita is stable around a constant level. In the post-Malthusian regime, the growth rates of… 

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