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Erratum to: Prices, wages and fertility in pre-industrial England

Author

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  • Marc P. B. Klemp

    (Department of Economics, University of Copenhagen, Øster Farimagsgade 5, building 26, 1353 Copenhagen, Denmark)

Abstract

To shed light on the economic-demographic mechanisms operating in the epoch of pre-industrial economic stagnation, a two-sector Malthusian model is formulated in terms of a cointegrated vector autoregressive model on error correction form. The model allows for both agricultural product wages and relative prices to affect fertility. The model is estimated using new data for the pre-industrial period in England, and the analysis reveals a strong, positive effect of agricultural wages as well as a nonnegative effect of real agricultural prices on fertility. Furthermore, it is demonstrated that there is strongly decreasing returns to scale with respect to labour in the agricultural sector and approximately constant returns to scale in the manufacturing sector. The analysis provides evidence in favour of the usual Malthusian model, as invoked by unified growth theories such as e.g. Galor and Weil (Am Econ Rev 90:806–828, 2000).
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Suggested Citation

  • Marc P. B. Klemp, 2012. "Erratum to: Prices, wages and fertility in pre-industrial England," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 6(2), pages 221-221, May.
    • Handle: RePEc:afc:cliome:v:6:y:2012:i:2:p:221
    DOI: 10.1007/s11698-012-0080-0
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    Cited by:

    1. Claude Diebolt & Tapas Mishra & Faustine Perrin, 2015. "Did Gender-Bias Matter in the Quantity- Quality Trade-off in the 19th Century France ?," Working Papers of BETA 2015-28, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    2. Kufenko, Vadim & Khaustova, Ekaterina & Geloso, Vincent, 2022. "Escape underway: Malthusian pressures in late imperial Moscow," Explorations in Economic History, Elsevier, vol. 85(C).
    3. Javier Mejia, 2018. "Social Interactions and Modern Economic Growth," Working Papers 20180021, New York University Abu Dhabi, Department of Social Science, revised Sep 2018.
    4. Marc Klemp & Niels Framroze Møller, 2016. "Post-Malthusian Dynamics in Pre-Industrial Scandinavia," Scandinavian Journal of Economics, Wiley Blackwell, vol. 118(4), pages 841-867, October.
    5. Deseau, Arnaud, 2024. "Speed of convergence in a Malthusian world: Weak or strong homeostasis?," Explorations in Economic History, Elsevier, vol. 94(C).
    6. M. Aykut Attar, 2023. "Technology and survival in preindustrial England: a Malthusian view," Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(4), pages 2071-2110, October.
    7. Oded Galor, 2024. "Unified Growth Theory: Roots of Growth and Inequality in the Wealth of Nations," NBER Working Papers 33288, National Bureau of Economic Research, Inc.
    8. Maja Pedersen & Claudia Riani & Paul Sharp, 2021. "Malthus in preindustrial Northern Italy?," Journal of Population Economics, Springer;European Society for Population Economics, vol. 34(3), pages 1003-1026, July.
    9. Claude Diebolt & Faustine Perrin, 2016. "Growth Theories," Springer Books, in: Claude Diebolt & Michael Haupert (ed.), Handbook of Cliometrics, edition 1, pages 177-195, Springer.
    10. Klesment, Martin & Lust, Kersti, 2025. "The fertility response to price changes in a manorial society: The case of rural Estonia, 1834–1884," Explorations in Economic History, Elsevier, vol. 96(C).
    11. Campbell, Cameron & Lee, James Z., 2025. "Socioeconomic differences in population growth in 19th century Liaoning, China: a decomposition," Explorations in Economic History, Elsevier, vol. 97(C).
    12. Rodney Benjamin Edvinsson, 2017. "The response of vital rates to harvest fluctuations in pre-industrial Sweden," Cliometrica, Springer;Cliometric Society (Association Francaise de Cliométrie), vol. 11(2), pages 245-268, May.

    More about this item

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • N3 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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