How does mortality affect innovative activity in the long run?
World Development, 2020, vol. 125, issue C
We examine the long-run effects of infant mortality, overall working-age mortality, and mortality in different working-age groups on innovative activity using recently developed panel time series methods. Our main results are: (i) there is no significant long-run effect of infant mortality on innovative activity; (ii) the long-run effect of overall working-age mortality is negative but only weakly significant; and (iii) while there are no significant long-run effects of mortality in very young and older working-age groups, reductions in mortality in young and early middle working-age groups (between 20 and 39 years) lead to statistically significant long-run increases in innovative output. We also investigate possible explanations for these findings.
Keywords: Infant mortality; Working-age mortality; Mortality in different working-age groups; Innovative activity; Heterogeneous panel data models; Cross-sectional dependence (search for similar items in EconPapers)
JEL-codes: O30 O11 J11 I15 C23 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:125:y:2020:i:c:s0305750x19303365
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