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

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

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

Classification and Topics

• Classification: 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
• Subject: Children's Health ; Education ; Fertility ; Economic Growth ; Technological Progress ; Long-run Economic Development

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Baldanzi, Annarita ; Bucci, Alberto ; Prettner, Klaus
• Event: Veröffentlichung
• (who): Universität Hohenheim, Fakultät Wirtschafts- und Sozialwissenschaften
• (where): Stuttgart
• (when): 2017

Further information

• Handle: http://hdl.handle.net/10419/155309
• URN: urn:nbn:de:bsz:100-opus-13290
• Last update: 10.03.2025, 11:44 AM CET