Disease and Development: A Reply to Bloom, Canning, and Fink
Daron Acemoglu and
Simon Johnson
No 20064, NBER Working Papers from National Bureau of Economic Research, Inc
Abstract:
Bloom, Canning, and Fink (2014) argue that the results in Acemoglu and Johnson (2006, 2007) are not robust because initial level of life expectancy (in 1940) should be included in our regressions of changes in GDP per capita on changes in life expectancy. We assess their claims controlling for potential lagged effects of initial life expectancy using data from 1900, employing a nonlinear estimator suggested by their framework, and using information from microeconomic estimates on the effects of improving health. There is no evidence for a positive effect of life expectancy on GDP per capita in this important historical episode.
JEL-codes: I15 N40 O15 (search for similar items in EconPapers)
Date: 2014-04
New Economics Papers: this item is included in nep-dem, nep-dev, nep-gro, nep-hea and nep-his
Note: DEV EFG
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Citations: View citations in EconPapers (44)
Published as Daron Acemoglu & Simon Johnson, 2014. "Disease and Development: A Reply to Bloom, Canning, and Fink," Journal of Political Economy, University of Chicago Press, vol. 122(6), pages 1367 - 1375.
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