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Economic Growth And Evolution: Parental Preference For Quality And Quantity Of Offspring

Author

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  • Jason Collins

    (UWA Business School, The University of Western Australia)

  • Boris Baer

    (Plant Energy Biology ARC Centre of Excellence, The University of Western Australia)

  • Ernst Juerg Weber

    (UWA Business School, The University of Western Australia)

Abstract

This paper presents a quantitative analysis of the model developed in Galor and Moav, Natural Selection and the Origin of Economic Growth (2002), in which agents vary genetically in their preference for quality and quantity of children. We simulate a parametric form of the model, enabling examination of the transition from Malthusian stagnation to modern rates of economic growth. The simulations allow an assessment of the strength of the biological foundations of the model and demonstrate the susceptibility of the modern high-growth state to invasion by cheaters. Extending the model from two to three genotypes suggests the possibility of a return to Malthusian conditions rather than a permanent state of modern growth.

Suggested Citation

  • Jason Collins & Boris Baer & Ernst Juerg Weber, 2011. "Economic Growth And Evolution: Parental Preference For Quality And Quantity Of Offspring," Economics Discussion / Working Papers 11-05, The University of Western Australia, Department of Economics.
  • Handle: RePEc:uwa:wpaper:11-05
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    References listed on IDEAS

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    1. Gregory Clark, 2005. "The Condition of the Working Class in England, 1209-2004," Journal of Political Economy, University of Chicago Press, vol. 113(6), pages 1307-1340, December.
    2. Oded Galor & Omer Moav, 2002. "Natural Selection and the Origin of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, pages 1133-1191.
    3. Gary S. Becker & Kevin M. Murphy & Robert Tamura, 1994. "Human Capital, Fertility, and Economic Growth," NBER Chapters,in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition), pages 323-350 National Bureau of Economic Research, Inc.
    4. Clark, Gregory & Cummins, Neil, 2010. "Malthus to Modernity: England’s First Fertility Transition, 1760-1800," MPRA Paper 25465, University Library of Munich, Germany.
    5. Enrico Spolaore & Romain Wacziarg, 2009. "The Diffusion of Development," The Quarterly Journal of Economics, Oxford University Press, pages 469-529.
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    7. Quamrul H. Ashraf & David N. Weil & Joshua Wilde, 2013. "The Effect of Fertility Reduction on Economic Growth," Population and Development Review, The Population Council, Inc., vol. 39(1), pages 97-130, March.
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    Cited by:

    1. Galor, Oded & Klemp, Marc, 2014. "The Biocultural Origins of Human Capital Formation," IZA Discussion Papers 8433, Institute for the Study of Labor (IZA).
    2. Quamrul H. Ashraf & Oded Galor, 2016. "The Macrogenoeconomics of Comparative Development," Department of Economics Working Papers 2016-02, Department of Economics, Williams College, revised Jan 2017.
    3. Galor, Oded & Klemp, Marc, 2013. "Be Fruitful and Multiply? Moderate Fecundity and Long-Run Reproductive Success," MPRA Paper 52049, University Library of Munich, Germany.
    4. Boris Gershman, 2016. "Long-Run Development and the New Cultural Economics," Working Papers 2016-06, American University, Department of Economics.
    5. Jason Collins & Boris Baer & Ernst Juerg Weber, 2013. "Population, Technological Progress and the Evolution of Innovative Potential," Economics Discussion / Working Papers 13-21, The University of Western Australia, Department of Economics.

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