RETRACTED: Income Shocks and Child Mortality Rates: Evidence from Fluctuations in Oil Prices

Rivero Catalina () and Acuna Pedro ()
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Rivero Catalina: Department of Economics, University of Buenos Aires, Ayacucho 1245 (C1111AAI) - Buenos Aires, Argentina
Acuna Pedro: Department of Economics, University of Buenos Aires, Ayacucho 1245 (C1111AAI) - Buenos Aires, Argentina

Economics, 2021, vol. 9, issue 1, 69-83

Abstract: Previous studies show that children in lower socioeconomic status families reveal higher rates of mortality. We complement the income-mortality literature by establishing a causal link between income and child mortality. Our instrument for income is based on time-series global shocks to oil prices combined with the cross-sectional share of employment in manufacturing across US states as their exposure to oil price changes. Using the universe of death records between the years 1975-2004, we find the OLS results of income-child-mortality relationships are under-biased. The 2SLS-IV results suggest that a $1,000 increase in income per capita at the state level reduces child mortality and infant mortality by 0.87 and 0.53 fewer incidences per 1,000 population of age-specific children.

Keywords: Income; Child Mortality; Infant Mortality; Toddler Mortality; Income Inequality; Oil Price; Panel Data; Two-Stage Least Square; Instrumental Variable (search for similar items in EconPapers)
JEL-codes: C23 D31 I14 O13 P36 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:econom:v:9:y:2021:i:1:p:69-83:n:11

DOI: 10.2478/eoik-2021-0002

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