He, Qichun (2011): Weather, fertility, and land: land curse in economic development in a unified growth theory.
Download (153kB) | Preview
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, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O41 - One, Two, and Multisector Growth Models
O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O53 - Asia including Middle East
O - Economic Development, Innovation, 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:||30 Jul 2016 17:18|
Acemoglu, D., S. Johnson, and J. Robinson. 2001. "The Colonial Origins of Comparative Development: an Empirical Investigation." American Economic Review 91 (Dec.): 1369-401.
Ashraf, Quamrul, and Oded Galor (forthcoming), "Dynamics and Stagnation in the Malthusian Epoch," American Economic Review.
Becker, Gary S., and H. Gregg Lewis. 1973. "On the Interaction between the Quantity and Quality of Children," Journal of Political Economy, 81 (2), pp. S279--S288.
Bloom, David E. and Jeffrey D. Sachs. "Geography, Demography, and Economic Growth in Africa," in William C. Brainard and George L. Perry, ed., Brooking Papers on Economic Activity, Brookings Institution, Washington, D.C.
Clark, G. 2007. In J. Mokyr (Ed.), A farewell to alms---a brief economic history of the world. Princeton and Oxford: Princeton University Press.
de la Croix, D. and Davide Dottori. 2008. "Easter Island's collapse: a tale of a population race," Journal of Economic Growth 13:27--55.
Demurger, S., J. Sachs, W.T. Woo, S. Bao, G. Chang, and A. Mellinger. (2002). "Geography, Economic Policy and Regional Development in China," NBER Working Paper No. 8897.
Easterly, William, and Ross Levine. 1997. "Africa's Growth Tragedy: Policies and Ethnic Divisions". Quarterly Journal of Economics 112(November): 1203-50.
Galor, Oded. 2011. Unified Growth Theory. Princeton: Princeton University Press.
Galor, Oded, Omer Moav, and Dietrich Vollarath. 2008. "Inequality in Land Ownership, the Emergence of Human Capital Promoting Institutions, and the Great Divergence," Review of Economic Studies, 75, 2008.
Galor, Oded, and David N. Weil. 2000. "Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond," American Economic Review, 90(4), pp. 806--828.
Jones, Chad I. 1995. "R&D-based model of economic growth." Journal of Political Economy, 103, 759-84.
Kuznets, S. 1966. Modern Economic Growth, London, George Allen & Unwin Ltd.
Malthus, Thomas Robert. 1798. An Essay on the Principle of Population. Oxford World's Classics reprint.
Matsuyama, Kiminori. 1992. "Agricultural Productivity, Comparative Advantage and Economic Growth." NBER Working Paper No. 3606.
Miguel, Edward, S. Satyanath, and E. Sergenti. 2003. "Economic Shocks and Civil Conflict: an Instrumental Variables Approach." University of California at Berkeley Working Paper.
Nurkse, Ragnar, 1953. Problems of Capital Formation in Underdeveloped Countries. Oxford: Oxford University Press.
Rodrik, Dani. 1998. "Globalization, Social Conflict, and Economic Growth" (Prebisch Lecture), The World Economy 21(2), March.
Rostow, W.W., 1960. The Stages of Economic Growth: A Non-communist Manifesto. Cambridge: Cambridge University Press.
Sachs, J., J. Gallup, and A. Mellinger. 1998. "Geography and Economic Development." in Pleskovic, Boris and Joseph E. Stiglitz (eds.), Annual World Bank Conference on Development Economics (April), The World Bank: Washington, DC.
, and A. Warner. 1995. "Natural Resource Abundance and Economic Growth." NBER Working Paper No. 5398.
, and . 1997. "Natural Resource Abundance and Economic Growth." Center for International Development and Harvard Institute for International Development, Harvard University, Cambridge MA.
Schultz, Theodore W. 1953, The Economic Organization of Agriculture, New York: McGraw-Hill.
Schultz, Theodore W. 1968, Economic Growth and Agriculture, New York: McGraw-Hill.
Sokoloff, K. and S. Engerman. 2000. "Institutions, Factor Endowments, and Paths of Development in the New World." Journal of Economic Perspectives 14(3): 217-32.
Starvianos, L.S., 2005. A Global History: From Prehistory to the 21st Century, Seventh Edition (Chinese Edition), Beijing: Pearson Education Asia Limited and Peking University Press.
Stijns, Jean-Philippe C. 2000. "Natural Resource Abundance and Economic Growth Revisited." University of California at Berkeley Working Paper.
Strulik, Holger, and Jacob Weisdorf. 2008. "Population, food, and knowledge: a simple unified growth theory, " Journal of Economic Growth 13: 195--216
Yanagawa, Noriyuki. 1996. "Economic Development in a World with Many Countries." Journal of Development Economics 49: 271-88.