The document criticizes the Malthusian model of population growth. It argues that the Malthusian model makes oversimplified assumptions that are not valid, such as ignoring technological advancements that can offset population growth's negative impact. It also argues that empirical studies do not reveal a direct relationship between per capita income and population growth as Malthus assumed. Overall, the document concludes that there is logical ground to reject the Malthusian theory because it overlooks technological progress and lacks empirical evidence validating the relationship between income and population growth.
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Criticisms of Malthusian Model
The document criticizes the Malthusian model of population growth. It argues that the Malthusian model makes oversimplified assumptions that are not valid, such as ignoring technological advancements that can offset population growth's negative impact. It also argues that empirical studies do not reveal a direct relationship between per capita income and population growth as Malthus assumed. Overall, the document concludes that there is logical ground to reject the Malthusian theory because it overlooks technological progress and lacks empirical evidence validating the relationship between income and population growth.
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Criticisms of Malthusian model
• Based on some oversimplified assumptions that aren’t valid empirically
1. Ignores the process of technological advancement to offset the negative impact of population on PCI (e.g IRS, Green Revolution,) Consequence- The upward shift in the dY/Y curve which remains always above the dN/N curve as shown in the following diagram By technological progress one country can easily escape the population trap Contd.. •2. The assumption of direct relationship between PCI and population growth isn’t valid empirically. Malthusian Assumption:- At low PCI. Empirical studies couldn’t reveal any such correlation Less dependence on death rate on PCI Wide array of fluctuation of fertility rates among the countries having same PCI level revealed by the empirical studies( especially below $1000). Greater determinants of population growth- socioeconomic institutions, philosophy and customs EMPIRICAL FINDINGS Logical Ground to reject Malthusian Theory • Overlooking the impact of technological progress • Lack of enough empirical data to validate the macroeconomic relationship between PCI and population growth • Focusing inappropriately on macroeconomic variable as a major determinant of fertility instead of micro variables such as optimizing decision of family member and level of living
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