Demographic Transition and Industrial Revolution: A Coincidence?
Oksana Leukhina () and
No 383, 2006 Meeting Papers from Society for Economic Dynamics
All industrialized countries experienced a transition from high birth rates and stagnant standards of living to low birth rates and sustained growth in per capita income. What contributed to this transformation? Were output and population dynamics driven by common or separate forces? We develop a general equilibrium model with endogenous fertility in order to quantitatively investigate the English case. We find that mortality decline significantly influences birth rates. Increased productivity has a negligible effect on birth rates but accounts for nearly all of the increase in per capita output, industrialization, urbanization, and the decline of land share in total income
Keywords: demographic transition; industrial revolution; mortality; technological progress (search for similar items in EconPapers)
JEL-codes: J10 O1 O4 E0 (search for similar items in EconPapers)
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