Health and Development

Alberto Bucci, Lorenzo Carbonari, Monia Ranalli () and Giovanni Trovato ()
Additional contact information
Monia Ranalli: University of Rome "La Sapienza"
Giovanni Trovato: CEIS & DEF, University of Rome "Tor Vergata", http://www.ceistorvergata.it

No 470, CEIS Research Paper from Tor Vergata University, CEIS

Abstract: In this paper we examine whether the Solow growth model is consistent with the cross-countries variations in standard of living, once investments in education and health are explicitly and simultaneously taken into account. Using a sample of low- and middle-income economies, we provide evidence that population's health, here proxied by the life expectancy at birth, has a positive, sizable, and statistically significant effect on both the level and the growth rate of the real per capita GDP.

Keywords: Health; Education and Human Capital; Economic Development and Growth; Finite Mixture Models; Classification (search for similar items in EconPapers)
JEL-codes: C14 I15 I25 J24 O41 (search for similar items in EconPapers)
Pages: 50 pages
Date: 2019-09-30, Revised 2021-03-24
New Economics Papers: this item is included in nep-gro and nep-hea
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:rtv:ceisrp:470

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