The effects of adult and non-adult mortality on long-run economic development: Evidence from a heterogeneous dynamic and cross-sectionally dependent panel of countries between 1800 and 2010
Dierk Herzer and
Korbinian Nagel ()
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Korbinian Nagel: Helmut Schmidt University, Hamburg, Postal: Holstenhofweg 85, 22043 Hamburg
No 177/2017, Working Paper from Helmut Schmidt University, Hamburg
This study examines the effects of adult and non-adult mortality on the long-run level of income in a heterogeneous dynamic and cross-sectionally dependent panel. Employing data for 20 countries between 1800 and 2010, it is found that (i) while non-adult mortality has no long-run effect on GDP per capita, reductions in adult mortality lead to statistically and economically significant increases in the long-run level of per capita income; (ii) there are no significant differences in the long-run effects of adult mortality and non-adult mortality on GDP per capita before and after the onset of the demographic transition; and (iii) mortality in middle adulthood has the greatest impact on economic development, whereas early adulthood mortality and mortality in later adulthood have little to no impact on the long-run level of per capita income.
Keywords: Life expectancy; Adult mortality; Non-adult mortality; Economic development; Heterogeneous panel data models; Cross-sectional dependence; Demographic transition (search for similar items in EconPapers)
JEL-codes: C23 I15 J11 O11 (search for similar items in EconPapers)
Pages: 56 pages
New Economics Papers: this item is included in nep-age, nep-gro, nep-hea, nep-his and nep-lab
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Persistent link: https://EconPapers.repec.org/RePEc:ris:vhsuwp:2017_177
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