New Evidence of the Health Status and Economic Growth Relationship
Pablo Daniel Monterubbianesi (),
Martín Grandes () and
Carlos Dabús ()
Additional contact information
Pablo Daniel Monterubbianesi: Instituto de Investigaciones Económicas y Sociales del Sur, Departamento de Economía; Universidad Nacional del Sur-CONICET, Argentina
Martín Grandes: Corresponding author Universidad de Buenos Aires y CITRA-CONICET, Argentina
Carlos Dabús: Instituto de Investigaciones Económicas y Sociales del Sur, Departamento de Economía; Universidad Nacional del Sur-CONICET, Argentina
Panoeconomicus, 2017, vol. 64, issue 4, 439-459
Over the last two decades, the role of health as a determinant of growth has been gaining ground in economic analysis due to longer average life expectancy at birth or lower infant mortality experienced in developing and fast-growing emerging economies. The empirical approach to this problem, based primarily on econometric analysis, has focused on two alternative approaches; the growth accounting models and the “a la Barro” regressions. This study aims to measure the contribution of health to economic growth using a panel of 91 countries over the period 1960-2005, and to compare the estimated impact of better health status on long-run per capita income under those two approaches, controlling for potential endogeneity. Our main results show the marginal effect of the change in health status in the long-term income lies between 2.6% in the growth accounting models and 8.3% in the “a la Barro” regressions. These results are consistent with the marginal effects we simulate and quantify using the health growth point estimates found in earlier literature.
Keywords: : Health status; Economic growth; Long-run income; Growth account; “a la Barro” regressions (search for similar items in EconPapers)
JEL-codes: I15 O47 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
http://www.panoeconomicus.rs/casopis/2017_4/04%20M ... es%20and%20Dabus.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:voj:journl:v:64:y:2017:i:4:p:439-459
Access Statistics for this article
Panoeconomicus is currently edited by Kosta Josifidis
More articles in Panoeconomicus from Savez ekonomista Vojvodine, Novi Sad, Serbia
Series data maintained by Ivana Horvat (). This e-mail address is bad, please contact .