Agricultural Productivity Growth and Escape from the Malthusian Trap

Fürnkranz-Prskawetz, Alexia and Kögel, Tomas
Authors registered in the RePEc Author Service: Alexia Fürnkranz-Prskawetz and Tomas Kögel

No 2485, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Industrialization allowed the industrialized world of today to escape from a regime characterized by low economic and population growth and to enter a regime of high economic and population growth. To explain this transition, we construct a two-sector growth model with endogenous fertility and endogenous technological progress in the manufacturing sector. With this structure our model is able to replicate the stylized facts of the British industrial revolution. In addition, we show that industrialization requires rising growth of agricultural total factor productivity. This result is in marked contrast to previous work within a similar framework - but with a constant population - which came to the conclusion that industrialization requires merely a rising level of agricultural total factor productivity.

Keywords: Economic growth; Fertility choice; Malthusian trap; Technological change (search for similar items in EconPapers)
JEL-codes: J11 O11 O40 (search for similar items in EconPapers)
Date: 2000-06
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Citations: View citations in EconPapers (2)

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Related works:
Journal Article: Agricultural Productivity Growth and Escape from the Malthusian Trap (2001)
Working Paper: Agricultural productivity growth and escape from the Malthusian trap (2000)
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