From Malthusian War to Solowian Peace

Nils-Petter Lagerlof ()

Review of Economic Dynamics, 2010, vol. 13, issue 3, 616-636

Abstract: We present a two-country version of Hansen and Prescott's two-sector long-run growth model, introducing war by letting the countries take land from each other, at the cost of destroying capital and killing people. Because land is an input only in the Malthus sector the transition to a Solow economy brings a decline in warfare, broadly consistent with an observed 19th-century decrease in Great Power wars. We also find, inter alia, that if governments are Malthus-biased (care less about Solow output), the transition can lead temporarily to more war. (Copyright: Elsevier)

Keywords: Growth; War; Fertility; Land (search for similar items in EconPapers)
JEL-codes: D90 J11 N0 N43 N44 (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (1)

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DOI: 10.1016/j.red.2009.10.008

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