Arbeitspapier

Children's health, human capital accumulation, and R&D-based economic growth

We analyze the effects of children's 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.

Sprache
Englisch

Erschienen in
Series: Hohenheim Discussion Papers in Business, Economics and Social Sciences ; No. 01-2017

Klassifikation
Wirtschaft
Health and Economic Development
Education and Economic Development
Demographic Economics: General
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
One, Two, and Multisector Growth Models
Thema
Children's Health
Education
Fertility
Economic Growth
Technological Progress
Long-run Economic Development

Ereignis
Geistige Schöpfung
(wer)
Baldanzi, Annarita
Bucci, Alberto
Prettner, Klaus
Ereignis
Veröffentlichung
(wer)
Universität Hohenheim, Fakultät Wirtschafts- und Sozialwissenschaften
(wo)
Stuttgart
(wann)
2017

Handle
URN
urn:nbn:de:bsz:100-opus-13290
Letzte Aktualisierung
12.07.2024, 13:20 MESZ

Objekttyp

  • Arbeitspapier

Beteiligte

  • Baldanzi, Annarita
  • Bucci, Alberto
  • Prettner, Klaus
  • Universität Hohenheim, Fakultät Wirtschafts- und Sozialwissenschaften

Entstanden

  • 2017

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