RT Generic
T1 Children’s health, human capital accumulation, and R&D-based economic growth
A1 Baldanzi,Annarita
A1 Bucci,Alberto
A1 Prettner,Klaus
WP 2017/02/27
AB We analyze the effects of childrens health on human capital accumulation and on long-run economic growth. For this purpose we design an R&D-based growth model in which the stock of human capital of the next generation is determined by parental education and health investments. We show that i) there is a complementarity between education and health: if parents want to have better educated children, they also raise health investments and vice versa; ii) parental health investments exert an unambiguously positive effect on long-run economic growth, iii) faster population growth reduces long-run economic growth. These results are consistent with the empirical evidence for modern economies in the twentieth century.
K1 Kind
K1 Gesundheit
K1 Bildungsniveau
K1 Humankapital
K1 Wirtschaftswachstum
PP Hohenheim
PB Kommunikations-, Informations- und Medienzentrum der Universität Hohenheim
UL http://opus.uni-hohenheim.de/volltexte/2017/1329