The Role of Mortality in the Transmission of Knowledge
AbstractWe investigate, both theoretically and quantitatively, a previously unexplored link between adult mortality and growth. Our mechanism allocates a central role to individuals as carriers of useful ideas and to personal contact as an important means of passing on the useful ideas to future generations. It thus implies that disrupting a human life will impede the process of knowledge transmission across generations. We embed this mechanism in a simple model of endogenous growth and fertility and use it to study its relevance in the application to the long-run growth experience of England.
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Bibliographic InfoPaper provided by DEGIT, Dynamics, Economic Growth, and International Trade in its series DEGIT Conference Papers with number c014_021.
Length: 36 pages
Date of creation: Jun 2009
Date of revision:
Economic growth; adult mortality; longevity; knowledge transmission; knowledge creation; ideas; human capital;
Find related papers by JEL classification:
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O33 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
- N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative
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