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From stagnation to growth: Revisiting three historical regimes
Authors:Email author" target="_blank">Jacob L?WeisdorfEmail author
Institution:(1) Institute of Economics, University of Copenhagen, 6, Studiestraede, 1455 Copenhagen K, Denmark
Abstract:This paper explores the role of mortality in the long transition from Malthusian stagnation to sustained economic growth. An endogenous child mortality rate that varies inversely with parentsrsquo standard of living is added to the framework in Galor and Weil (AER 2000). In our version of the model, the transition from stagnation to growth, triggered by an exogenous shock to technology, comprises a lsquomortality revolutionrsquo succeeded by a lsquodemographic transitionrsquo.This paper has benefitted from discussions with and suggestions made by KarlGunnar Persson, Christian Schultz, and, particularly, Christian Groth at the University of Copenhagen. I gratefully acknowledge the insightful criticisms of two anonymous referees, and I thank Paula Madsen for English proof-reading. Responsible editor: Alessandro Cigno.
Keywords:E10  J10  O40
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