Thinking about population as a driver of agricultural development provides insights into induced technical and institutional change, whether it be Esther Boserup's declining fallow period, modern crop varieties, or the specialization pyramid that arises in labor-intensive agriculture. The non-convexities of research and development, infrastructure investments, and specialization imply that modest population pressure does not necessarily exert downward pressure on wages. As agricultural growth stimulates industrialization, the non-convexities of specialization become ever more compact. The combination of these and the increased demand for human capital, if not inhibited by policy failures, tends to promote a virtuous circle of human progress.
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Paper provided by University of Hawaii at Manoa, Department of Economics in its series Working Papers with number
200702.
Find related papers by JEL classification: J10 - Labor and Demographic Economics - - Demographic Economics - - - General O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development O43 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth P23 - Economic Systems - - Socialist Systems and Transition Economies - - - Factor and Product Markets; Industry Studies; Population Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
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