Baldanzi, Annarita ;
Bucci, Alberto ;
Prettner, Klaus
Children’s health, human capital accumulation, and R&D-based economic growth
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URN: urn:nbn:de:bsz:100-opus-13290
URL: http://opus.uni-hohenheim.de/volltexte/2017/1329/
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| SWD-Schlagwörter: |
| Kind , Gesundheit , Bildungsniveau , Humankapital , Wirtschaftswachstum |
| Freie Schlagwörter (Englisch): |
| Children´s Health , Education , Fertility , Economic Growth , Technological Progress , Long-run Economic Development |
| Institut: |
| Institut für Volkswirtschaftslehre |
| DDC-Sachgruppe: |
| Wirtschaft |
| Dokumentart: |
| ResearchPaper |
| Schriftenreihe: |
| Hohenheim discussion papers in business, economics and social sciences |
| Bandnummer: |
| 2017,01 |
| Sprache: |
| Englisch |
| Erstellungsjahr: |
| 2017 |
| Publikationsdatum: |
| 27.02.2017 |
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Veröffentlichungsvertrag mit der Universitätsbibliothek Hohenheim
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| Kurzfassung auf Englisch: |
| 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. |
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