HEALTH, HUMAN PRODUCTIVITY, AND LONG-TERM ECONOMIC GROWTH

Suchit Arora

292 citations0/0 files storedThe Journal of Economic History

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Economic Growth and Productivity Historical Economic and Social Studies Global Health Care Issues

Abstract

This article investigates the influence of health on the growth paths of ten industrialized countries over the course of 100 to 125 years. Changes in health increased their pace of growth by 30 to 40 percent, altering permanently the slope of their growth paths. This finding is robust across five measures of long-term health and it remains largely unchanged when “controlled” for investment in physical capital. Health-related variables correlate positively with years of schooling. However, schooling variables by themselves do not replicate the results obtained from health-related measures. Health improvements thus do not merely follow economic progress.

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References

1987Co-Integration and Error Correction: Representation, Estimation, and Testing 1956A Contribution to the Theory of Economic Growth 1988On the mechanics of economic development 1986Increasing Returns and Long-Run Growth 1992A Contribution to the Empirics of Economic Growth 1989Endogenous Technological Change 1993Innovation and Growth in the Global Economy.1990A Model of Growth Through Creative Destruction

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