4.7 Article

Large-scale mortality shocks and the Great Irish Famine 1845-1852

期刊

ECONOMIC MODELLING
卷 27, 期 5, 页码 1302-1314

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ELSEVIER SCIENCE BV
DOI: 10.1016/j.econmod.2010.01.016

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Long-run growth; Unified growth theory; Mortality; Ireland

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This paper considers the consequences of a large scale mortality shock arising from a famine or epidemic for long run economic and demographic development. The Great Irish Famine of 1845-1852 is taken as a case-study and is incorporated as an exogenous mortality shock into the type of long-run unified growth theory pioneered by Galor and Weil (1999, 2000), and modelled by Lagerlof (2003a,b) among others. Through calibration, the impact of such a mortality shock occurring on the cusp of a country's transition from a Malthusian to a Modern Growth regime is then depicted. (C) 2010 Elsevier B.V. All rights reserved.

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