Large-scale mortality shocks and the Great Irish Famine 1845-1852
Declan Curran and
Maria Fröling
Economic Modelling, 2010, vol. 27, issue 5, 1302-1314
Abstract:
This paper considers the consequences of a large scale mortality shock arising from a famine or epidemic for long run economic and demographic development. The Great Irish Famine of 1845-1852 is taken as a case-study and is incorporated as an exogenous mortality shock into the type of long-run unified growth theory pioneered by Galor and Weil (1999, 2000), and modelled by Lagerlöf (2003a,b) among others. Through calibration, the impact of such a mortality shock occurring on the cusp of a country's transition from a Malthusian to a Modern Growth regime is then depicted.
Keywords: Long-run; growth; Unified; growth; theory; Mortality; Ireland (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:27:y:2010:i:5:p:1302-1314
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