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sectors: final and intermediate goods production, an R&D sector and a health care sector. Health care serves to lower … mortality and morbidity, the latter being related to participation/productivity in the labor market. We show that, regardless of … its finance, the impact of health care on economic growth crucially depends on whether or not it increases employment in …
Persistent link: https://www.econbiz.de/10009624502
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 …
Persistent link: https://www.econbiz.de/10010358148
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 …
Persistent link: https://www.econbiz.de/10010338973
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 …
Persistent link: https://www.econbiz.de/10009674951
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Persistent link: https://www.econbiz.de/10014327722
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Persistent link: https://www.econbiz.de/10015066318
I use microeconomic estimates of the effect of health on individual outcomes to construct macroeconomic estimates of … the proximate effect of health on GDP per capita. I employ avariety of methods to construct estimates of the return to … health, which I combine with cross-country and historical data on height, adult survival rates, and age at menarche. Using my …
Persistent link: https://www.econbiz.de/10012762437