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• W47371569 abstract "An important question in economic development is how European countries made the transition from a Malthusian economy, in which living standards were largely determined by land-labor ratios, to a modern Solow economy, in which living standards were delinked from land scarcity and linked to capital accumulation. In this paper, we set up a new classical in which population pressure leads to an endogenous change from a Malthusian to a Solowian production technique through vertical division of labor and the creation of land-saving intermediate goods. This approach provides new microfoundations for the transition from Malthus to Solow that are based on the concept of induced innovation. JEL classification: O12, O33, Q12" @default.
• W47371569 created "2016-06-24" @default.
• W47371569 creator A5026735710 @default.
• W47371569 creator A5029888145 @default.
• W47371569 date "2005-01-01" @default.
• W47371569 modified "2023-09-24" @default.
• W47371569 title "From Malthus to Solow: a new classical approach to induced innovationo" @default.
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• W47371569 hasPublicationYear "2005" @default.
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