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Identifier to cite or link to this item: https://hdl.handle.net/10086/18364

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Title
The Determinants of Subsistence Income in a Malthusian World
Creator
Creator Name
Sharp, Paul Sharp, Paul
Affiliation
Affiliation Name
University of Copenhagen
Creator Name
Strulik, Holger Strulik, Holger
Affiliation
Affiliation Name
Brown University
Creator Name
Weisdorf, Jacob Weisdorf, Jacob
Affiliation
Affiliation Name
University of Copenhagen
Editor
Contributor Name
社会科学の高度統計・実証分析拠点構築 = Research Unit for Statistical and Empirical Analysis in Social Sciences
Key Word
Subsistence Income
JEL
J13
N1
O11
Abstract
This study constructs a simple, two-sector Malthusian model with agriculture and industry, and uses it to identify the determinants of subsistence income. We make standard assumptions about preferences and production technology, but in contrast to ex-isting studies we assume that children and other consumption goods are gross substitutes. Consistent with the conventional Malthusian model, the present theory shows that productivity growth in agriculture has no effect on subsistence income. More importantly, we also show that subsistence income varies, not just with the death rate as has recently been demonstrated in the literature, but also with the level of productivity in the industrial sector. An empirical analysis using data for pre-industrial England lends support to both hypotheses.
Description
Revised Version March 2010
Publisher
Institute of Economic Research, Hitotsubashi University
Issued Date
2010-03
Language
English(eng)
Resource Type
technical report
Version Type
VoR
Is Part OfRelation -
Related Title
Global COE Hi-Stat Discussion Paper Series ; No. 133
Relation
Related Identifier
URI
  http://gcoe.ier.hit-u.ac.jp/english/index.html
Sponsorship
グローバルCOEプログラム = Global COE Program
Appears in Collections
Global COE Hi-Stat Discussion Paper Series
URL
https://hdl.handle.net/10086/18364