ECONOMIC GROWTH AND EVOLUTION: PARENTAL PREFERENCE FOR QUALITY AND QUANTITY OF OFFSPRING

Jason Collins, Boris Baer and Ernst Weber ()
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Boris Baer: Plant Energy Biology ARC Centre of Excellence, The University of Western Australia

No 11-05, Economics Discussion / Working Papers from The University of Western Australia, Department of Economics

Abstract: This paper presents a quantitative analysis of the model developed in Galor and Moav, Natural Selection and the Origin of Economic Growth (2002), in which agents vary genetically in their preference for quality and quantity of children. We simulate a parametric form of the model, enabling examination of the transition from Malthusian stagnation to modern rates of economic growth. The simulations allow an assessment of the strength of the biological foundations of the model and demonstrate the susceptibility of the modern high-growth state to invasion by cheaters. Extending the model from two to three genotypes suggests the possibility of a return to Malthusian conditions rather than a permanent state of modern growth.

Pages: 40 pages
Date: 2011
New Economics Papers: this item is included in nep-cmp, nep-dge and nep-evo
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Citations: View citations in EconPapers (6)

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https://www.business.uwa.edu.au/__data/assets/pdf_ ... ity-of-Offspring.pdf

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Journal Article: ECONOMIC GROWTH AND EVOLUTION: PARENTAL PREFERENCE FOR QUALITY AND QUANTITY OF OFFSPRING (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:uwa:wpaper:11-05

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