We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
THE RISE IN LIFE EXPECTANCY AND ECONOMIC GROWTH IN THE 20TH CENTURY.
- Authors
Hansen, Casper Worm; Lønstrup, Lars
- Abstract
This research exploits conditional exogenous variation in mortality from the diffusion of modern medicine to study the effect of growth in life expectancy on the growth in GDP per capita. The empirical analysis establishes that countries that obtained higher growth rates of life expectancy due to this shock to mortality in the mid-twentieth century experienced lower growth rates of GDP per capita in the second half of the twentieth century. In addition, a negative relationship between initial level of life expectancy and the subsequent growth rate of GDP per capita is found.
- Subjects
LIFE expectancy; HISTORY of economic development; MORTALITY; GROSS domestic product; MEDICAL innovations; MEDICAL technology research; TWENTIETH century; HISTORY; ECONOMICS
- Publication
Economic Journal, 2015, Vol 125, Issue 584, p838
- ISSN
0013-0133
- Publication type
Article
- DOI
10.1111/ecoj.12261