The Physiological Foundation of the Wealth of Nations

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningfagfællebedømt

Carl-Johan Lars Dalgaard, Holger Strulik

In the present paper we advance a theory of pre-industrial growth where body size and population size are endogenously determined. Despite the fact that parents invest in both child quantity and productivity enhancing child quality, a take-off does not occur due to a key “physiological check”: if human body size rises, subsistence requirements will increase. This mechanism turns out to be instrumental in explaining why income stagnates near an endogenously determined subsistence boundary. Key predictions of the model are examined using data for ethnic groups as well as for sub-national regions.
OriginalsprogEngelsk
TidsskriftJournal of Economic Growth
Vol/bind20
Udgave nummer1
Sider (fra-til)37-73
Antal sider37
ISSN1381-4338
DOI
StatusUdgivet - 20 feb. 2015

ID: 130530226