He, Qichun (2011): Weather, fertility, and land: land curse in economic development in a unified growth theory.
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We consider fertility choice and weather in analyzing the effect of farmland abundance in economic development. We find that quality-adjusted agricultural land abundance may confer a type of "resource curse", in that it prolongs the tenure of an economy in the Malthusian regime. This lends new insights to Unified Growth Theory (Galor, 2011) by elucidating a particular determinant of the differential timing of the transition from Malthusian stagnation to industrialization. Moreover, opposite to the Matsuyama (1992) model, good weather is found to be a blessing for a small open economy, while it is a curse for a closed economy.
|Item Type:||MPRA Paper|
|Original Title:||Weather, fertility, and land: land curse in economic development in a unified growth theory|
|Keywords:||Weather; Fertility; Quality-adjusted Farmland per capita; Quality-adjusted Farmland Abundance Curse|
|Subjects:||O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O41 - One, Two, and Multisector Growth Models
O - Economic Development, Technological Change, and Growth > O5 - Economywide Country Studies > O53 - Asia including Middle East
O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O13 - Agriculture; Natural Resources; Energy; Environment; Other Primary Products
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q1 - Agriculture > Q15 - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
|Depositing User:||Qichun He|
|Date Deposited:||15. Dec 2011 02:40|
|Last Modified:||19. Feb 2013 03:49|
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