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Micro-based and macro-based approaches have been used to assess the effects of health on economic growth. Micro-based approaches aggregate the return on individual health from Mincerian wage regressions to derive the macroeconomic effects of population health. Macro-based approaches estimate a...
Persistent link: https://www.econbiz.de/10011984500
There are two prominent methods to assess the effects of health on economic growth. The first is based on the estimated returns on health by means of Mincer wage regressions that are aggregated to derive the macroeconomic effects of population health. The second approach is based on the...
Persistent link: https://www.econbiz.de/10011892059
Economists use micro-based and macro-based approaches to assess the macroeconomic return to population health. The macro-based approach tends to yield estimates that are either negative and close to zero or positive and an order of magnitude larger than the range of estimates derived from the...
Persistent link: https://www.econbiz.de/10013353418
Acemoglu and Johnson (2007) present evidence that improvements in population health do not promote economic growth. We show that their result depends critically on the assumption that initial health has no causal effect on subsequent economic growth. We argue that such an effect is likely,...
Persistent link: https://www.econbiz.de/10010319521
This paper examines data on urbanization. We review the most commonly used data sources, and highlight the difficulties inherent in defining and measuring the size of urban versus rural populations. We show that differences in the measurement of urban populations across countries and over time...
Persistent link: https://www.econbiz.de/10010280180
Despite the recent and intense debate on how to define and measure pro-poor growth, there is one important issue which has so far not received sufficient attention: how applications of pro-poor growth measurements can appropriately take into account relative price changes, which, given the...
Persistent link: https://www.econbiz.de/10010295970
Households in developing countries are frequently hit by severe idiosyncratic and covariate shocks resulting in high consumption volatility. A household's currently observed poverty status might therefore not be a good indicator of the household's general poverty risk, or in other words its...
Persistent link: https://www.econbiz.de/10010295997
It has recently been argued that the informal sector in developing countries shows a dual structure, with part of the informal sector being competitive to the formal sector and part of the informal sector being the result of market segmentation. We formulate an econometric model to test this...
Persistent link: https://www.econbiz.de/10010296002
An increasing interest in poverty dynamics has lately also led to an extensive literature on the analysis of chronic poverty. Based on Amartya Sen?s groundbreaking work on capabilities and functionings static poverty measures have long used non-income indicators. In contrast, measures of poverty...
Persistent link: https://www.econbiz.de/10010296024
It has been recently argued that the informal sector of the labor market in a developing economy shows a dual structure with one part of it being competitive to the formal sector and another part being the result of market segmentation. To test this hypothesis we formulate an econometric model...
Persistent link: https://www.econbiz.de/10010296549