Adult Mortality and Modern Growth
Davide Fiaschi () and
Tamara Fioroni ()
No 22/2015, Working Papers from University of Verona, Department of Economics
In this paper we analyze the relationship between (adult) mortality and the long-run development of countries from an empirical and theoretical perspective. A quantitative exploration of the model shows that improvements in adult survival rates alone bring an economy towards a Malthusian regime in the long run, while a transition from a Malthusian to a modern regime requires substantial advances in technological progress. Limited gains in technological progress associated with a strong decline in adult mortality can produce a sort of “false” take-off, i.e. an economy passed from a Malthusian to a pre-modern regime can be pushed back by the increasing demographic pressures.
Keywords: Unified Growth Theory; Human Capital; Adult mortality; Non-linear Dynamics; Endogenous Fertility; Industrial Revolution (search for similar items in EconPapers)
JEL-codes: O10 O40 I20 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-evo, nep-gro and nep-hea
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Persistent link: https://EconPapers.repec.org/RePEc:ver:wpaper:22/2015
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