From Malthusian War to Solowian Peace
AbstractWe present a two-country version of Hansen and Prescott's two-sector long-run growth model, introducing war by letting the countries take land from each other, at the cost of destroying capital and killing people. Because land is an input only in the Malthus sector the transition to a Solow economy brings a decline in warfare, broadly consistent with an observed 19th-century decrease in Great Power wars. We also find, inter alia, that if governments are Malthus-biased (care less about Solow output), the transition can lead temporarily to more war. (Copyright: Elsevier)
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Bibliographic InfoArticle provided by Elsevier for the Society for Economic Dynamics in its journal Review of Economic Dynamics.
Volume (Year): 13 (2010)
Issue (Month): 3 (July)
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Postal: Review of Economic Dynamics Academic Press Editorial Office 525 "B" Street, Suite 1900 San Diego, CA 92101
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Other versions of this item:
- Nils-Petter Lagerlof, 2009. "Code and data files for "From Malthusian war to Solowian peace"," Computer Codes 07-87, Review of Economic Dynamics.
- D90 - Microeconomics - - Intertemporal Choice - - - General
- J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
- N0 - Economic History - - General
- N43 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: Pre-1913
- N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
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- Robert J. Gordon, 2008. "Did Economics Cause World War II?," NBER Working Papers 14560, National Bureau of Economic Research, Inc.
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