HEALTH, HUMAN CAPITAL FORMATION AND KNOWLEDGE PRODUCTION: TWO CENTURIES OF INTERNATIONAL EVIDENCE

Jakob Madsen

Macroeconomic Dynamics, 2016, vol. 20, issue 4, 909-953

Abstract: Recent medical research shows that health is highly influential on learning and the ability to think laterally; however, past economic studies have failed to empirically examine the influence of health on learning, schooling, and ideas production, the main drivers of growth in endogenous growth models. This paper constructs a measure of health-adjusted educational attainment among the working age population based on their health status during the time they obtained their education. Using annual data for 21 OECD countries over the past two centuries, it is shown that health has been highly influential on the quantity and quality of schooling, innovation, and growth.

Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
https://www.cambridge.org/core/product/identifier/ ... type/journal_article link to article abstract page (text/html)

Related works:
Working Paper: Health, Human Capital Formation and Knowledge Production: Two Centuries of International Evidence (2012)
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:cup:macdyn:v:20:y:2016:i:04:p:909-953_00

Access Statistics for this article

More articles in Macroeconomic Dynamics from Cambridge University Press Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Bibliographic data for series maintained by Kirk Stebbing ().