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Development Dynamics: Economic Integration and the Demographic Transition

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Author Info
McDermott, John

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Abstract

This paper examines the influence of economic integration--widening of the trading area--on economic development and the demographic transition. Economies produce with different technologies depending on their scale. Greater integration between regions (greater extensive scale) is instrumental in changing rates of return, which generates an industrial revolution and provokes changes in child bearing behavior. The demographic transition follows from the mortality response to income and birth response to greater scale. The model is calibrated and simulated using historical data from Europe. Historical evidence is cited to support the idea that integration precedes the dramatic rise in economic growth rates. Copyright 2002 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Journal of Economic Growth.

Volume (Year): 7 (2002)
Issue (Month): 4 (December)
Pages: 371-409
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Handle: RePEc:kap:jecgro:v:7:y:2002:i:4:p:371-409

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Web page: http://www.springerlink.com/link.asp?id=102931

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  1. Oded_Galor & Andrew Mountford, 2004. "Trading Population for Productivity," Working Papers 2004-16, Brown University, Department of Economics. [Downloadable!]
    Other versions:
  2. Alex William Trew, 2007. " Endogenous Financial Development and Industrial Takeoff," CDMA Working Paper Series 0702, Centre for Dynamic Macroeconomic Analysis. [Downloadable!]
  3. Oded Galor & Andrew Mountford, 2008. "Trading Population for Productivity: Theory and Evidence," Working Papers 2008-2, Brown University, Department of Economics. [Downloadable!]
    Other versions:
  4. Sequeira, Tiago Neves, 2004. "Mortality Rate and Property Rights in a Model with Human Capital and R&D," FEUNL Working Paper Series wp455, Universidade Nova de Lisboa, Faculdade de Economia. [Downloadable!]
    Other versions:
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This page was last updated on 2008-8-21.


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