The Neolithic Revolution from a price-theoretic perspective

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Standard

The Neolithic Revolution from a price-theoretic perspective. / Ricardo Andrés Guzmán, Jacob Weisdorf; Weisdorf, Jacob Louis.

I: Journal of Development Economics, Bind 96, Nr. 2, 01.09.2011, s. 209-219.

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt

Harvard

Ricardo Andrés Guzmán, JW & Weisdorf, JL 2011, 'The Neolithic Revolution from a price-theoretic perspective', Journal of Development Economics, bind 96, nr. 2, s. 209-219. https://doi.org/10.1016/j.jdeveco.2010.08.007

APA

Ricardo Andrés Guzmán, JW., & Weisdorf, J. L. (2011). The Neolithic Revolution from a price-theoretic perspective. Journal of Development Economics, 96(2), 209-219. https://doi.org/10.1016/j.jdeveco.2010.08.007

Vancouver

Ricardo Andrés Guzmán JW, Weisdorf JL. The Neolithic Revolution from a price-theoretic perspective. Journal of Development Economics. 2011 sep. 1;96(2):209-219. https://doi.org/10.1016/j.jdeveco.2010.08.007

Author

Ricardo Andrés Guzmán, Jacob Weisdorf ; Weisdorf, Jacob Louis. / The Neolithic Revolution from a price-theoretic perspective. I: Journal of Development Economics. 2011 ; Bind 96, Nr. 2. s. 209-219.

Bibtex

@article{56b14d1e0de44d1d898a7c61bb0393a3,
title = "The Neolithic Revolution from a price-theoretic perspective",
abstract = "The adoption of agriculture during the Neolithic period triggered the first demographic explosion in history. When fertility returned to its original level, agriculturalists were more numerous, more poorly nourished, and worked longer hours than their hunter–gatherer ancestors. We develop a dynamic price-theoretic model that rationalizes these events. In the short run, people are lured into agriculture by the increased labor productivity of both adults and children. In the long run, the growth in population overrides the productivity gains, and the later generations of agriculturalists end up being worse-off than the hunter–gatherers. Counter-intuitively, the increase in the labor productivity of children causes the long-run reduction in welfare. In the long run, the increase in adult labor productivity only contributes to population growth.",
keywords = "business and economics",
author = "{Ricardo Andr{\'e}s Guzm{\'a}n}, Jacob Weisdorf and Weisdorf, {Jacob Louis}",
note = "JEL classification: N3; J2; O1",
year = "2011",
month = sep,
day = "1",
doi = "10.1016/j.jdeveco.2010.08.007",
language = "English",
volume = "96",
pages = "209--219",
journal = "Journal of Development Economics",
issn = "0304-3878",
publisher = "Elsevier",
number = "2",

}

RIS

TY - JOUR

T1 - The Neolithic Revolution from a price-theoretic perspective

AU - Ricardo Andrés Guzmán, Jacob Weisdorf

AU - Weisdorf, Jacob Louis

N1 - JEL classification: N3; J2; O1

PY - 2011/9/1

Y1 - 2011/9/1

N2 - The adoption of agriculture during the Neolithic period triggered the first demographic explosion in history. When fertility returned to its original level, agriculturalists were more numerous, more poorly nourished, and worked longer hours than their hunter–gatherer ancestors. We develop a dynamic price-theoretic model that rationalizes these events. In the short run, people are lured into agriculture by the increased labor productivity of both adults and children. In the long run, the growth in population overrides the productivity gains, and the later generations of agriculturalists end up being worse-off than the hunter–gatherers. Counter-intuitively, the increase in the labor productivity of children causes the long-run reduction in welfare. In the long run, the increase in adult labor productivity only contributes to population growth.

AB - The adoption of agriculture during the Neolithic period triggered the first demographic explosion in history. When fertility returned to its original level, agriculturalists were more numerous, more poorly nourished, and worked longer hours than their hunter–gatherer ancestors. We develop a dynamic price-theoretic model that rationalizes these events. In the short run, people are lured into agriculture by the increased labor productivity of both adults and children. In the long run, the growth in population overrides the productivity gains, and the later generations of agriculturalists end up being worse-off than the hunter–gatherers. Counter-intuitively, the increase in the labor productivity of children causes the long-run reduction in welfare. In the long run, the increase in adult labor productivity only contributes to population growth.

KW - business and economics

U2 - 10.1016/j.jdeveco.2010.08.007

DO - 10.1016/j.jdeveco.2010.08.007

M3 - Journal article

VL - 96

SP - 209

EP - 219

JO - Journal of Development Economics

JF - Journal of Development Economics

SN - 0304-3878

IS - 2

ER -

ID: 36064477