Hosoya, Kei - In: Economic Modelling 29 (2012) 5, pp. 1662-1665
The paper investigates the local dynamics of a simple growth model with a public health factor. A notable feature of … infrastructure (publicly provided health environment). In addition to the effects on utility, an increase in the public health level … contributes to labor productivity growth. From a three-dimensional dynamic system that includes physical capital, public health …