Open access
Date
2014-01Type
- Working Paper
ETH Bibliography
yes
Altmetrics
Abstract
In the process of economic development economies grow through various regimes, each characterized by different demographic-economic interactions. The changes in these interactions are key elements in different explanations of the escape from Malthusian stagnation. We employ time-varying vector autoregressions, an approach that allows tracking this transition for England in the period between 1541 and 1870. The empirical findings suggest that the link between real wages and population growth was at work until the 19th century. Furthermore, we document changes in the propagation mechanism from real wages on population growth over time that feature prominently in Unified Growth Theory. Most remarkably, in contrast to earlier empirical literature we find strong effects of income on mortality after the 1750s. Show more
Permanent link
https://doi.org/10.3929/ethz-a-010073763Publication status
publishedJournal / series
KOF Working PapersVolume
Publisher
KOF Swiss Economic Institute, ETH ZurichSubject
Malthusian Trap; Unified Growth Theory; Time-Varying Vector Autoregression; Industrial RevolutionOrganisational unit
02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
More
Show all metadata
ETH Bibliography
yes
Altmetrics