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mortality below age forty generates productivity gains, which in turn may explain why the positive correlation between health …This paper revisits the relationship between health and growth in light of modern endogenous growth theory. We propose … a unified framework that encompasses the growth effects of both the rate of improvement of health and the level of …
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health investments. As a novelty, we are able to examine the feedback effects between life expectancy and R&D-driven economic …, and iv) there exists a growth-maximizing size of the health caresector that might lie beyond what is observed in most … growth and contribute to the debate surroundingrising health shares and economic development. …
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consumption due to faster economic growth. Consequently, the debate on rising health care expenditures should not predominantly be … based on the growth effects of health care. …
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