| pdf-Format:
|
|
|
| Gedruckte Ausgabe: |
|
|
| Dokument in Google Scholar suchen: |
|  
|
| Social Media: |
|
|
| Export: |
|
|
| Abrufstatistik: |
| 
|
| SWD-Schlagwörter: |
| Wirtschaftswachstum , Forschung und Entwicklung , Gesundheitswesen , Lebenserwartung |
| Freie Schlagwörter (Englisch): |
| Long-run growth , horizontal innovation , increasing life expectancy ,welfare effects of changing longevity , size of health-care sectors |
| Institut: |
| Institut für Volkswirtschaftslehre |
| DDC-Sachgruppe: |
| Wirtschaft |
| Dokumentart: |
| ResearchPaper |
| Schriftenreihe: |
| Hohenheim discussion papers in business, economics and social sciences |
| Bandnummer: |
| 2021,01 |
| Sprache: |
| Englisch |
| Erstellungsjahr: |
| 2021 |
| Publikationsdatum: |
| 16.02.2021 |
| |
| Lizenz: |
|
Veröffentlichungsvertrag mit der Universitätsbibliothek Hohenheim
|
| |
| Kurzfassung auf Englisch: |
| We propose an overlapping generations framework in which life expectancyis determined endogenously by governmental health investments. As a nov-elty, we are able to examine the feedback effects between life expectancy andR&D-driven economic growth for the transitional dynamics. We find that i)higher survival induces economic growth through higher savings and higherlabor force participation; ii) longevity-induced reductions in fertility hampereconomic development; iii) the positive life expectancy effects of larger savingsand higher labor force participation outweigh the negative effect of a reductionin fertility, and iv) there exists a growth-maximizing size of the health caresector that might lie beyond what is observed in most countries. Altogether,the results support a rather optimistic view on the relationship between lifeexpectancy and economic growth and contribute to the debate surroundingrising health shares and economic development. |
Print-on-Demand-Kopie
