Weather, fertility, and land: land curse in economic development in a unified growth theory Report as inadecuate




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Abstract

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-

Language: English-

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 ModelsO - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O53 - Asia including Middle EastO - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O13 - Agriculture ; Natural Resources ; Energy ; Environment ; Other Primary ProductsQ - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q1 - Agriculture > Q15 - Land Ownership and Tenure ; Land Reform ; Land Use ; Irrigation ; Agriculture and Environment-





Author: He, Qichun

Source: https://mpra.ub.uni-muenchen.de/35420/







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