Article ID Journal Published Year Pages File Type
884165 Journal of Economic Behavior & Organization 2011 12 Pages PDF
Abstract

During the roughly 190,000 years between the emergence of anatomically modern humans and the transition to agriculture, sustained economic progress was rare. Although there were important innovations in the Upper Paleolithic, evidence from paleodemography indicates that population densities were driven more by climatic conditions than by technological innovations in food acquisition. We develop a model in which technological knowledge is subject to mutation and selection across generations. In a static environment, long run stagnation is the norm. However, climate shocks can induce experimentation with latent resources. This generates punctuated equilibria with greater technical capabilities and higher population densities at successive plateaus. The model is consistent with archaeological data on climate, population, diet, and technology from the Upper Paleolithic through the early Neolithic.

Research highlights▶ Before the transition to agriculture, sustained economic progress was rare. ▶ In our model of the Upper Paleolithic, technological stagnation is the norm. ▶ Climate shocks yield punctuated equilibria with better technology and higher population. ▶ The model accounts for archaeological data on climate, population, diet, and technology.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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