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 …

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 …

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 …

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 …