The Population Mechanism in W. S. Jevons's Applied Economics

Sandra Peart

The Manchester School of Economic & Social Studies, 1990, vol. 58, issue 1, 32-53

Abstract: This paper concerns the status of the population principle in W. S. Jevons's analysis of growth. The author's contention is that the "classical" features of Jevons's analysis are indisputable. She shows that Jevons's adhered to a classical mechanism whereby the growth of labor supply responds to rising real incomes. Secondly, she demonstrates his concern with the Malthusian contrast between geometric population growth rates and limitations to output growth as a result of diminishing returns. Finally, the policy recommendations for the alleviation of hardship place Jevons within the classical framework of analysis on this issue. Copyright 1990 by Blackwell Publishers Ltd and The Victoria University of Manchester

Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:bla:manch2:v:58:y:1990:i:1:p:32-53

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