Analysis of Increased GDP Per Capita of Britain during the Malthusian Trap Period (1348-1525)

DOI

10.2991/ssemse-15.2015.247How to use a DOI?

Keywords

Population growth rate; GDP per capita; agricultural growth rate

Abstract

Through the analysis of decreasing population growth rate in the Great Britain in the period of 1348 – 1525, after Black Death, this article shreds light on reasons for increased British GDP per capita. During this period of time, decreasing population lead to labor scarcity, lower agricultural output, which in turn lead to lower GDP growth rate However, due to the sharp decrease in population, agricultural land per capita went up considerably, rent decreased, and farm tenants earned significantly more. Therefore, there is a close link between increased GDP per capita and decreased population.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Hengwei Wang
PY  - 2015/11
DA  - 2015/11
TI  - Analysis of Increased GDP Per Capita of Britain during the Malthusian Trap Period (1348-1525)
BT  - Proceedings of the 2015 International Conference on Social Science, Education Management and Sports Education
PB  - Atlantis Press
SP  - 961
EP  - 965
SN  - 2352-5398
UR  - https://doi.org/10.2991/ssemse-15.2015.247
DO  - 10.2991/ssemse-15.2015.247
ID  - Wang2015/11
ER  -