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A number of recent studies have illustrated the link between health and economic growth. This paper argues that a key mechanism through which health affects growth is via total factor productivity (TFP). We first estimate TFP based on a production function and then estimate the determinants of...
Persistent link: https://www.econbiz.de/10005476022
A number of studies have tested whether, globally, per capita incomes are converging over time. To date, the majority of studies find no evidence of absolute convergence, but many find evidence of conditional convergence, i.e. convergence having controlled for differences in technological and...
Persistent link: https://www.econbiz.de/10005629308
Persistent link: https://www.econbiz.de/10008059884