The Neolithic Revolution from a Price-Theoretic Perspective

Ricardo Andrés Guzmán and Jacob Weisdorf
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Ricardo Andrés Guzmán: Universidad del Desarrollo, Chile

No 10-13, Discussion Papers from University of Copenhagen. Department of Economics

Abstract: The adoption of agriculture during the Neolithic period triggered the first demographic explosion in history. When fertility returned to its original level, agriculturalists were more numerous, more poorly nourished, and worked longer hours than their hunter-gatherer ancestors. We develop a dynamic price-theoretic model that rationalizes these events. In the short run, people are lured into agriculture by the increased labor productivity of both adults and children. In the long run, the growth in population overrides the productivity gains, and the later generations of agriculturalists end up being worse off than the hunter-gatherers. Counter-intuitively, the increase in the labor productivity of children causes the long-run reduction in welfare. In the long run, the increase in adult labor productivity only contributes to population growth.

Keywords: Neolithic Revolution; hunter-gatherers; child labor; Thomas Malthus (search for similar items in EconPapers)
Pages: 24 pages
Date: 2010-04
New Economics Papers: this item is included in nep-his
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Related works:
Journal Article: The Neolithic Revolution from a price-theoretic perspective (2011)
Working Paper: The Neolithic Revolution from a price-theoretic perspective (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:kud:kuiedp:1013

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