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Early mortality declines at the dawn of modern growth

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Author Info
BOUCEKKINE, Raouf
de la CROIX, David
LICANDRO, Omar

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Abstract

We explore the hypothesis that demographic changes started in the seventeenth and eighteenth centuries are the root of the acceleration in growth rates at the dawn of the modern age. During this period, life tables for Geneva and Venice show a decline in adult mortality; French marriage registers show an important increase in literacy; historians measure an acceleration of economic growth. We develop an endogenous growth model with a realistic survival law in which rising longevity increases the individual incentive to invest in education and foster growth. We quantitatively estimate that the observed improvements in adult mortality account for 70% of the growth acceleration in the pre-industrial age.

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Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2002030.

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Date of creation: 01 May 2002
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Handle: RePEc:cor:louvco:2002030

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Related research
Keywords: human capital; longevity; literacy; growth; schooling;

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Find related papers by JEL classification:
O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
I20 - Health, Education, and Welfare - - Education - - - General
J10 - Labor and Demographic Economics - - Demographic Economics - - - General
N33 - Economic History - - Labor and Consumers, Demography, Education, Income, and Wealth - - - Europe: Pre-1913

References listed on IDEAS
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  1. Heckman, James J, 1976. "A Life-Cycle Model of Earnings, Learning, and Consumption," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages S11-44, August. [Downloadable!] (restricted)
  2. Gary D. Hansen & Edward C. Prescott, 1998. "Malthus to Solow," NBER Working Papers 6858, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  3. Kalemli-Ozcan, Sebnem & Ryder, Harl E. & Weil, David N., 2000. "Mortality decline, human capital investment, and economic growth," Journal of Development Economics, Elsevier, vol. 62(1), pages 1-23, June. [Downloadable!] (restricted)
  4. Stokey, Nancy L., 2001. "A quantitative model of the British industrial revolution, 1780-1850," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 55(1), pages 55-109, December. [Downloadable!] (restricted)
  5. Oded Galor & David N. Weil, 1998. "Population, Technology, and Growth: From the Malthusian Regime to the Demographic Transition," Working Papers 98-1, Brown University, Department of Economics, revised 19 Aug 1998. [Downloadable!]
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  6. repec:bep:macadv:v:1:y:2001:i:advances/1/2:p:1028-1028 is not listed on IDEAS
  7. Boucekkine, Raouf & de la Croix, David & Licandro, Omar, 2002. "Vintage Human Capital, Demographic Trends, and Endogenous Growth," Journal of Economic Theory, Elsevier, vol. 104(2), pages 340-375, June. [Downloadable!] (restricted)
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