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

  title={Population , Technology , and Growth : From Malthusian Stagnation to the Demographic Transition and Beyond},
  author={Oded Galor and David N. Weil},
This paper develops a uni ̄ed 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… CONTINUE READING
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