Population change and Malthus

Question 1

Positive check

Answer 1

Inc. in Technology -> Inc. in wages -> Inc. in population growth -> stagnating GDP/PC
Trade & Technological innovation occur exogenously, and increase the carrying capacity, whereas war and climate shocks decrease the carrying capacity

Question 2

Preventive Check

Answer 2

Population growth is endogenous.
Incr. age of marriage -> Dec. in fertility -> Dec. in pop. growth -> Inc. in GDP/PC
Mechanism: Women’s wages -> marriage age

Question 3

Limitations of the Malthusian model

Answer 3

No population rebound after the black death in 1350-1600 England
No GDP/PC decline when pop. was growing from 1450-1600

Question 4

Boserup’s Theory

Answer 4

Population growth induces technological change through innovation being endogenous - affected by population