Health, basic research, human capital accumulation, and R&D-based economic growth

Pintu Parui

MPRA Paper from University Library of Munich, Germany

Abstract: We construct a broad R&D-based endogenous growth model that incorporates the importance of children's health on human capital accumulation and publicly-funded basic research investments required to produce new goods. Although an increment in the number of healthcare professionals creates a shortage of workers for final goods production, the novelty of this paper is to demonstrate the significance of healthcare workers in enhancing the productivity of inputs of various sectors, along with its long-run consequences.

Keywords: R&D-based growth; Basic science; Children’s Health; Education; Fertility (search for similar items in EconPapers)
JEL-codes: H41 J24 O31 O32 O41 (search for similar items in EconPapers)
Date: 2023-10-13
New Economics Papers: this item is included in nep-gro and nep-inv
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Related works:
Working Paper: Health, basic research, human capital accumulation, and R&D-based economic growth (2023)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:118854

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