LIFE EXPECTANCY AND ECONOMIC WELFARE: THE EXAMPLE OF AFRICA IN THE 1990s

Gordon Anderson

Review of Income and Wealth, 2005, vol. 51, issue 3, 455-468

Abstract: A formulation for incorporating Life expectancy information into empirical economic welfare calculations is presented. In an application analyzing the economic progress of the African continent during the 1990s due consideration of life expectancy factors substantially modifies the conclusions drawn from standard welfare calculations.

Date: 2005
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