Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/80138
Authors: 
Galor, Oded
Year of Publication: 
2006
Series/Report no.: 
Working Paper, Brown University, Department of Economics 2006-22
Abstract: 
The demographic transition that swept the world in the past 140 years has been identified as one of the prime forces in the transition from stagnation to growth. The unprecedented increase in population growth during the early stages of industrialization was ultimately reversed. The rise in the demand for human capital in the second phase of industrialization brought about a significant reduction in fertility rates and population growth in various regions of the world, enabling economies to convert a larger share of the fruits of factor accumulation and technological progress into growth of income per capita.
JEL: 
O11
O14
O33
O40
J11
J13
Document Type: 
Working Paper

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