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  • 标题:New evidence of the health status and economic growth relationship
  • 本地全文:下载
  • 作者:Monterubbianesi, Pablo Daniel ; Grandes, Martín ; Dabús, Carlos
  • 期刊名称:Panoeconomicus
  • 印刷版ISSN:1452-595X
  • 出版年度:2017
  • 卷号:64
  • 期号:4
  • 页码:439-459
  • 出版社:Savez ekonomista Vojvodine
  • 摘要:Over the last two decades, the role of health as a determinant of growth has been gaining ground in economic analysis due to longer average life expectancy at birth or lower infant mortality experienced in developing and fast-growing emerging economies. The empirical approach to this problem, based primarily on econometric analysis, has focused on two alternative approaches; the growth accounting models and the “a la Barro” regressions. This study aims to measure the contribution of health to economic growth using a panel of 91 countries over the period 1960-2005, and to compare the estimated impact of better health status on long-run per capita income under those two approaches, controlling for potential endogeneity. Our main results show the marginal effect of the change in health status in the long-term income lies between 2.6% in the growth accounting models and 8.3% in the “a la Barro” regressions. These results are consistent with the marginal effects we simulate and quantify using the health-growth point estimates found in earlier literature.
  • 关键词:health status; economic growth; long-run income; growth account
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