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. …

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. …

We study the effects of a labor-intensive health care sector within an R&D-driven growth model with overlapping … generations. Health care increases longevity and labor participation/productivity. We examine under which conditions expanding … health care enhances growth and welfare. Even if the provision of health care diverts labor from productive activities, it …