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Title:The simplest unified growth theory PDF Logo
Authors:Strulik, Holger
Weisdorf, Jacob
Issue Date:2007
Series/Report no.:Discussion papers // School of Economics and Management of the Hanover Leibniz University 375
Abstract:This paper provides a uni?ed growth theory, i.e. a model that explains the very long-run economic and demographic development path of industrialized economies, stretching from the pre-industrial era to present-day and beyond. Making strict use of Malthus’ (1798) so-called preventive check hypothesis that fertility rates vary inversely with the price of food the current study o?ers a new and straightforward explanation for the demographic transition and the break with the Malthusian era. The current framework lends support to existing uni?ed growth theories and is well in tune with historical evidence about structural transformation.
Subjects:Economic Growth
Population Growth
Structural Change
Industrial Revolution
JEL:O11
O14
J10
J13
Document Type:Working Paper
Appears in Collections:Diskussionspapiere, Wirtschaftswissenschaftliche Fakultät, Universität Hannover

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