کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5094927 1376258 2012 6 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
The determinants of income in a Malthusian equilibrium
کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
The determinants of income in a Malthusian equilibrium
چکیده انگلیسی
This study constructs a simple, two-sector Malthusian model with agriculture and industry, and uses it to identify the determinants of income in a Malthusian equilibrium. We make standard assumptions about preferences and technologies, but in contrast to existing studies we assume that children and other consumption goods are gross substitutes. Consistent with the conventional Malthusian model, the present theory shows that productivity growth in agriculture has no effect on equilibrium income. More importantly, we also show that equilibrium income varies, not just with the death rate as has recently been demonstrated in the literature, but also with the level of productivity in the industrial sector. An empirical analysis using data for pre-industrial England lends support to both hypotheses.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Development Economics - Volume 97, Issue 1, January 2012, Pages 112-117
نویسندگان
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