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Population growth through history and the escape from the Malthusian trap: a homeostatic simulation model
Abstract:
"A Malthusian simulation model is proposed to describe the growth of human population from the Neolithic through the Industrial Revolution. The economy is composed of a subsistence sector and a capital-producing sector. Our model captures the 'incessant contest' between population growth and the means of subsistence. When the per capita agricultural output falls below a biological minimum, the growth rate of the population is subject, in a random fashion, to perturbations that can take on disastrous proportions." It is suggested that "the slow accumulation of capital (and the buildup of the population of the capital-producing sector) eventually enables the population to overcome the constraints of the hostile economic environment. Our simulations (complete with confidence intervals) yield numerically realistic estimates of the population that eventually escapes from the Malthusian menace and grows unhindered during the Industrial Revolution." (summary in FRE, ITA)