The Neolithic Revolution from a price-theoretic perspective
AbstractThe adoption of agriculture during the Neolithic period triggered the first demographic explosion in history. When fertility returned to its original level, agriculturalists were more numerous, more poorly nourished, and worked longer hours than their hunter-gatherer ancestors. We develop a dynamic price-theoretic model that rationalizes these events. In the short run, people are lured into agriculture by the increased labor productivity of both adults and children. In the long run, the growth in population overrides the productivity gains, and the later generations of agriculturalists end up being worse-off than the hunter-gatherers. Counter-intuitively, the increase in the labor productivity of children causes the long-run reduction in welfare. In the long run, the increase in adult labor productivity only contributes to population growth.
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Bibliographic InfoArticle provided by Elsevier in its journal Journal of Development Economics.
Volume (Year): 96 (2011)
Issue (Month): 2 (November)
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Neolithic Revolution Hunter-gatherers Child labor Thomas Malthus;
Other versions of this item:
- Guzmán, Ricardo Andrés, 2008. "The Neolithic Revolution from a price-theoretic perspective," MPRA Paper 10069, University Library of Munich, Germany.
- Ricardo Andrés Guzmán & Jacob Louis Weisdorf, 2010. "The Neolithic Revolution from a Price-Theoretic Perspective," Discussion Papers 10-13, University of Copenhagen. Department of Economics.
- Z1 - Other Special Topics - - Cultural Economics
- N5 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries
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