Modeling the effects of health on economic growth

被引:293
作者
Bhagava, A [1 ]
Jamison, DT
Lau, LJ
Murray, CJL
机构
[1] Univ Houston, Dept Econ, Houston, TX 77204 USA
[2] Univ Calif Los Angeles, Ctr Pacific Rim Studies, Los Angeles, CA 90024 USA
[3] Stanford Univ, Dept Econ, Stanford, CA 94305 USA
[4] Harvard Univ, Sch Publ Hlth, Dept Int Hlth, Boston, MA 02115 USA
[5] WHO, CH-1211 Geneva, Switzerland
关键词
economic development; economic growth; health; random effects models; panel data; simultaneity;
D O I
10.1016/S0167-6296(01)00073-X
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper investigates the effects of health indicators such as adult survival rates (ASR) on GDP growth rates at 5-year intervals in several countries. Panel data were analyzed on GDP series based on purchasing power adjustments and on exchange rates. First, we developed a framework for modeling the inter-relationships between GDP growth rates and explanatory variables by re-examining the life expectancy-income relationship, Second, models for growth rates were estimated taking into account the interaction between ASR and lagged GDP level; issues of endogeneity and reverse causality were addressed. Lastly, we computed confidence intervals for the effect of ASR on growth rate and applied a test for parameter stability. The results showed positive effects of ASR on GDP growth rates in low-income countries. (C) 2001 Elsevier Science B.V. All rights reserved.
引用
收藏
页码:423 / 440
页数:18
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