We conduct a panel data analysis of 74 countries over 1980 2000 to investigate whether population health affects foreign direct investment inflows. Our main finding is that health has a positive and significant effect on such inflows for low- and middle-income countries. This finding is consistent with the view that health is an integral component of human capital in developing countries.
Published as Alsan, Marcela, David E. Bloom and David Canning. "The Effect of Population Health on Foreign Direct Investment Inflows to Low- and Middle-Income Countries." World Development 34, 4 (April 2006): 613-630.