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| Author: | Boucekkine, R. Croix, D. de la Licandro, O. |
| Title: | Early mortality declines at the dawn of modern growth |
| Journal: | Scandinavian Journal of Economics
2003 : VOL. 105:3, p. 401-418 |
| Index terms: | Economic development Population Demography Mortality rate Growth History Models |
| Language: | eng |
| Abstract: | The paper explores the hypothesis that demographic changes which began in the 17th and 18th centuries are at the root of the acceleration in growth rates at the dawn of the modern age. During this period, life tables for Geneva and Venice show a decline in adult mortality. French marriage registers reveal an important increase in literacy, historians measure an acceleration of economic growth. This paper develops an endogenous growth model with a realistic survival law in which rising longevity increases individual incentives to invest in education and fosters growth. It is quantitatively estimated that the observed improvements in adult mortality account for 70 percent of the growth acceleration in the pre-industrial age. |
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