The linkages between life expectancy and economic growth: some new evidence

Lei He () and Na Li
Additional contact information
Lei He: Hunan Normal University
Na Li: Hunan Normal University

Empirical Economics, 2020, vol. 58, issue 5, No 14, 2402 pages

Abstract: Abstract Using panel cointegration analysis and panel causality test, this paper investigates the long- and short-run linkages between life expectancy and economic growth for 65 countries within three levels of aging from 1980 to 2014. The estimation results indicate that there are significantly positive long-run relationships between life expectancy and GDP per capita (or total GDP) in most countries, but the specific relationships vary across aging levels. The positive impact of life expectancy on economic growth is stronger in group with higher level of aging. The panel causality tests reveal that there is short-run unidirectional causality running from life expectancy to economic growth for younger group, whereas there is unidirectional causality running from economic growth to life expectancy only for older group. The above conclusions further imply that population aging is affecting the linkages between life expectancy and economic growth.

Keywords: Life expectancy; Economic growth; Panel cointegration analysis; Panel causality test; Long-run relationship; Short-run relationship; J11; O11 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
http://link.springer.com/10.1007/s00181-018-1612-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:empeco:v:58:y:2020:i:5:d:10.1007_s00181-018-1612-7

Ordering information: This journal article can be ordered from
http://www.springer. ... rics/journal/181/PS2

DOI: 10.1007/s00181-018-1612-7

Access Statistics for this article

Empirical Economics is currently edited by Robert M. Kunst, Arthur H.O. van Soest, Bertrand Candelon, Subal C. Kumbhakar and Joakim Westerlund

More articles in Empirical Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().