In this paper, we develop an endogenous growth model that integrates skill driven technological change, human capital accumulation through formal schooling, with health capital accumulation. The relationships among economic growth, average health level, labor allocation, and longevity of the...

This paper develops a two-sector endogenous growth model with health capital and examines the impact tax financed health expenditure has on long-run growth. In this model, health capital is accumulated through government spending as a flow channel and a capital deepening externality as a stock...