Health Capital Provision and Human Capital Accumulation

Leonid Azarnert

No 2020/02, EUSP Department of Economics Working Paper Series from European University at St. Petersburg, Department of Economics

Abstract: This article analyzes the effect of public policy intervention in the production of health capital on fertility, private investment in children's health and education and human capital accumulation. I have used a growth model with endogenous fertility, in which the usual parental trade-off between the quantity and quality of their children is augmented with an additional factor that affects childrenÕs human capital, which is health. I analyze the overall society-wide effect of public policy intervention and derive a condition that determines precisely whether public provision of free health services increases or decreases the average level of human capital in the society.

Keywords: fertility; health capital; human capital; growth (search for similar items in EconPapers)
JEL-codes: D30 I12 J10 J13 J24 O10 O40 (search for similar items in EconPapers)
Pages: 28 pages
Date: 2020-02-18
New Economics Papers: this item is included in nep-gro and nep-lab
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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Related works:
Journal Article: Health capital provision and human capital accumulation (2020)
Working Paper: Health Capital Provision and Human Capital Accumulation (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:eus:wpaper:ec2020_02

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