Endogenous longevity, health and economic growth: a slow growth for a longer life?

Rosa Aisa and Fernando Pueyo

Economics Bulletin, 2004, vol. 9, issue 3, 1-10

Abstract: We establish a theoretical set-up that is able to endogenously integrate growth and longevity. Our model captures three links between them: a longer life expectancy results in an increase in savings as well as an increase in the workforce, but health and growth compete for resources. We find that the key element is the response of longevity to an increase in health resources. Our model suggests that the first two links could be the most important in poor countries, which could explain their experience of simultaneous increases in growth and life expectancy. The reverse result may apply for developed countries.

Keywords: Government; Spending (search for similar items in EconPapers)
JEL-codes: I1 O1 (search for similar items in EconPapers)
Date: 2004-07-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (37)

Downloads: (external link)
http://www.accessecon.com/pubs/EB/2004/Volume9/EB-03I10002A.pdf (application/pdf)

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:ebl:ecbull:eb-03i10002

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().