Lorentzen, Peter L.; McMillan, John; Wacziarg, Romain - C.E.P.R. Discussion Papers - 2005
Analyzing a variety of cross-national and sub-national data, we argue that high adult mortality reduces economic growth … by shortening time horizons. Higher adult mortality is associated with increased levels of risky behaviour, higher … fertility, and lower investment in physical and human capital. Furthermore, the feedback effect from economic prosperity to …