Malthus to Solow

Malthus to Solow.

"A unified growth theory is developed that accounts for the roughly constant living standards displayed by world economies prior to 1800 as well as the growing living standards exhibited by modern industrial economies. Our theory also explains the industrial revolution, which is the transition from an era when per capita incomes are stagnant to one with sustained growth.... [The authors] use a ...

Malthus and Solow − a note on closed−form solutions

Recently, Jones (2002} and Barro and Sala−í−Martin (2004) pointed out that the neoclassical growth model with a Cobb−Douglas technology has a closed−form solution. This note makes a similar remark for the Malthusian model: I develop and characterize a closed−form solution. Moreover, I emphasize structural similarities between the Malthusian and the neoclassical model if the dynamic behavior is ...

Fifty years to prove Malthus right.

A major question confronting sustainability research today is to what extent our planet, with a finite environmental resource base, can accommodate the faster than exponentially growing human population. Although these concerns are generally attributed to Malthus (1766–1834), early attempts to estimate the maximum sustainable population (ergo, the carrying capacity K) were reported by van Leeuw...

Malthus to modernity: England's first fertility

Marine Conservation: Moving Beyond Malthus

A new study has shown that maximum overfishing of coral reefs occurs among countries at intermediate levels of socio-economic development; can managers and policy makers help countries dependent on these ecosystems avoid the resulting poverty traps?