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A Bioeconomic Foundation of the Malthusian Equilibrium: Body Size and Population Size in the Long-Run

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  • Dalgaard, Carl-Johan
  • Strulik, Holger

Abstract

This paper develops a bioeconomic Malthusian growth model. By integrating recent research on allometric scaling, energy consumption and ontogenetic growth, we provide a model where subsistence consumption is endogenously linked to body size and fertility. The theory admits a unique Malthusian equilibrium in a two-dimensional state space characterized by population density and body size (metabolic rate) of the representative adult. As a result, the analysis allows us to examine the link between human biology, economic productivity, body size, and population size. Off the steady-state we investigate the possibility of cyclical behavior of the size of a population and the size of its representative member over the very long-run. We also demonstrate that a take-off into sustained growth should be associated with increasing income, population size and body size. The increase in the latter is, however, bounded and can be viewed as convergence to a biologically determined upper limit.

Suggested Citation

  • Dalgaard, Carl-Johan & Strulik, Holger, 2007. "A Bioeconomic Foundation of the Malthusian Equilibrium: Body Size and Population Size in the Long-Run," Hannover Economic Papers (HEP) dp-373, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
  • Handle: RePEc:han:dpaper:dp-373
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    References listed on IDEAS

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    Cited by:

    1. Dalgaard, Carl-Johan & Strulik, Holger, 2008. "A Bioeconomic Foundation for the Nutrition-based Efficiency Wage Model," Hannover Economic Papers (HEP) dp-396, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    2. Oded Galor, 2010. "The 2008 Lawrence R. Klein Lecture-Comparative Economic Development: Insights From Unified Growth Theory," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 51(1), pages 1-44, February.
    3. Quamrul Ashraf & Oded Galor, 2011. "Dynamics and Stagnation in the Malthusian Epoch," American Economic Review, American Economic Association, vol. 101(5), pages 2003-2041, August.
    4. Brishti Guha & Ashok Guha, 2008. "Utility functions, future consumption targets and subsistence thresholds," Economics Bulletin, AccessEcon, vol. 4(30), pages 1-4.
    5. Weisdorf, Jacob, 2009. "Why did the first farmers toil? Human metabolism and the origins of agriculture," European Review of Economic History, Cambridge University Press, vol. 13(2), pages 157-172, August.
    6. Strulik, Holger, 2010. "A Note On Economic Growth With Subsistence Consumption," Macroeconomic Dynamics, Cambridge University Press, vol. 14(5), pages 763-771, November.
    7. repec:ebl:ecbull:v:4:y:2008:i:30:p:1-4 is not listed on IDEAS
    8. Dietrich Vollrath, 2011. "The agricultural basis of comparative development," Journal of Economic Growth, Springer, vol. 16(4), pages 343-370, December.
    9. Strulik, Holger, 2012. "Patience and prosperity," Journal of Economic Theory, Elsevier, vol. 147(1), pages 336-352.
    10. Strulik, Holger, 2008. "Voracity and Growth Reconsidered," Hannover Economic Papers (HEP) dp-401, Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät.
    11. Olsson, Ola, 2008. "Resource Conflict in Vulnerable Environments: Three Models Applied to Darfur," Working Papers in Economics 325, University of Gothenburg, Department of Economics.
    12. Galor, Oded & Ashraf, Quamrul, 2008. "Dynamics and Stagnation in the Malthusian Epoch: Theory and Evidence," CEPR Discussion Papers 7057, C.E.P.R. Discussion Papers.

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    More about this item

    Keywords

    Subsistence; Nutrition; Metabolism; Population Growth; Ontogenetic Growth; Malthus;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

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