Health capital provision and human capital accumulation

Leonid Azarnert

Oxford Economic Papers, 2020, vol. 72, issue 3, 633-650

Abstract: This article analyses the effect of public policy intervention in the production of health capital on fertility, private investment in children’s health and education, and human capital accumulation. I have used a growth model with endogenous fertility, in which the usual parental trade-off between the quantity and quality of their children is augmented with an additional factor that affects children’s human capital, which is health. I analyse the overall society-wide effect of public policy intervention and derive a condition that determines precisely whether public provision of free health services increases or decreases the average level of human capital in the society.

JEL-codes: D30 I12 J10 J13 J24 O10 O40 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (10)

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Working Paper: Health Capital Provision and Human Capital Accumulation (2020)
Working Paper: Health Capital Provision and Human Capital Accumulation (2020)
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