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- Publisher
- Wiley
- Copyright
- © The editors of The Scandinavian Journal of Economics.
- ISSN
- 0347-0520
- eISSN
- 1467-9442
- DOI
- 10.1111/sjoe.12155
- Publisher site
- See Article on Publisher Site
Abstract
Theories of economic growth hypothesize that the transition from pre‐industrial stagnation to sustained growth is associated with a post‐Malthusian phase in which technological progress raises income and spurs population growth while offsetting diminishing returns to labor. Evidence suggests that England was characterized by post‐Malthusian dynamics preceding the Industrial Revolution. However, given England's special position as the forerunner of the Industrial Revolution, it is unclear if a transitory post‐Malthusian period is a general phenomenon. Using data from Denmark, Norway, and Sweden, this research provides evidence for the existence of a post‐Malthusian phase in the transition from stagnation to growth in Scandinavia.
Journal
The Scandinavian Journal of Economics – Wiley
Published: Oct 1, 2016
Keywords: ; ; ; ; ; ; ;