Endogenous fertility in a growth model with public and private health expenditures

被引：20
|
作者：
Varvarigos, Dimitrios [1 ]
Zakaria, Intan Zanariah [1 ]
机构：
[1] Univ Leicester, Dept Econ, Leicester LE1 7RH, Leics, England
来源：
JOURNAL OF POPULATION ECONOMICS | 2013年 / 26卷 / 01期
关键词：
Fertility; Economic growth; Health expenditures; DEMOGRAPHIC-TRANSITION; ECONOMIC-GROWTH; POPULATION; INEQUALITY; MORTALITY;
D O I：
10.1007/s00148-012-0412-1
中图分类号：
C921 [人口统计学];
学科分类号：
摘要：
We build an overlapping-generations model that incorporates endogenous fertility choices, in addition to public and private expenditures on health. Following the seminal analysis of Bhattacharya and Qiao (J Econ Dyn Control 31:2519-2535, 2007) we assume that the effect of public health investment is complementary to private health expenditures. We find that this effect reinforces the positive impact of the capital stock on aggregate saving. Furthermore, we show that this complementarity can provide an additional explanation behind a salient feature of demographic transition; that is, the fertility decline along the process of economic growth.
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页码：67 / 85
页数：19
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