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ResearchPaper
2017
Children’s health, human capital accumulation, and R&D-based economic growth
Children’s health, human capital accumulation, and R&D-based economic growth
Abstract (English)
We analyze the effects of childrens 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.
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Notes
Publication license
Publication series
Hohenheim discussion papers in business, economics and social sciences; 2017,01
Published in
Faculty
Faculty of Business, Economics and Social Sciences
Institute
Institute of Economics
Examination date
Supervisor
Edition / version
Citation
Identification
DOI
ISSN
ISBN
Language
English
Publisher
Publisher place
Classification (DDC)
330 Economics
Original object
Standardized keywords (GND)
Sustainable Development Goals
BibTeX
@techreport{Baldanzi2017,
url = {https://hohpublica.uni-hohenheim.de/handle/123456789/6120},
author = {Baldanzi, Annarita and Bucci, Alberto and Prettner, Klaus et al.},
title = {Children’s health, human capital accumulation, and R&D-based economic growth},
year = {2017},
school = {Universität Hohenheim},
series = {Hohenheim discussion papers in business, economics and social sciences},
}