Accounting for the effect of health on economic growth
By: David N. Weil.
Contributors: National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11455; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11455.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Health status indicators.; Economic development.
Description: "I use microeconomic estimates of the effect of health on individual outcomes to construct macroeconomic estimates of the proximate effect of health on GDP per capita.  I use a variety of methods to construct estimates of the return to health, which I combine with cross-country and historical data on several health indicators including height, adult survival, and age at menarche.  My preferred estimate of the share of cross-country variance in log income per worker explained by variation in health is 22.6%, roughly the same as the share accounted for by human capital from education, and larger than the share accounted for by physical capital.  I present alternative estimates ranging between 9.5% and 29.5%.  My preferred estimate of the reduction in world income variance that would result from eliminating health variations among countries is 36.6%"--National Bureau of Economic Research web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 7/6/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.