Endogenous life expectancy and R&D-based economic growth
dc.contributor.author | Tscheuschner, Paul | de |
dc.date.accessioned | 2024-04-08T09:00:11Z | |
dc.date.available | 2024-04-08T09:00:11Z | |
dc.date.created | 2021-02-16 | |
dc.date.issued | 2021 | |
dc.description.abstract | We propose an overlapping generations framework in which life expectancyis determined endogenously by governmental health investments. As a nov-elty, we are able to examine the feedback effects between life expectancy andR&D-driven economic growth for the transitional dynamics. We find that i)higher survival induces economic growth through higher savings and higherlabor force participation; ii) longevity-induced reductions in fertility hampereconomic development; iii) the positive life expectancy effects of larger savingsand higher labor force participation outweigh the negative effect of a reductionin fertility, and iv) there exists a growth-maximizing size of the health caresector that might lie beyond what is observed in most countries. Altogether,the results support a rather optimistic view on the relationship between lifeexpectancy and economic growth and contribute to the debate surroundingrising health shares and economic development. | en |
dc.identifier.swb | 1748374435 | |
dc.identifier.uri | https://hohpublica.uni-hohenheim.de/handle/123456789/6578 | |
dc.identifier.urn | urn:nbn:de:bsz:100-opus-18586 | |
dc.language.iso | eng | |
dc.relation.ispartofseries | Hohenheim discussion papers in business, economics and social sciences; 2021,01 | |
dc.rights.license | publ-mit-pod | en |
dc.rights.license | publ-mit-pod | de |
dc.rights.uri | http://opus.uni-hohenheim.de/doku/lic_mit_pod.php | |
dc.subject | Long-run growth | en |
dc.subject | Horizontal innovation | en |
dc.subject | Increasing life expectancy | en |
dc.subject | Welfare effects of changing longevity | en |
dc.subject | Size of health-care sectors | en |
dc.subject.ddc | 330 | |
dc.subject.gnd | Wirtschaftswachstum | de |
dc.subject.gnd | Forschung und Entwicklung | de |
dc.subject.gnd | Gesundheitswesen | de |
dc.subject.gnd | Lebenserwartung | de |
dc.title | Endogenous life expectancy and R&D-based economic growth | de |
dc.type.dcmi | Text | de |
dc.type.dini | WorkingPaper | de |
local.access | uneingeschränkter Zugriff | en |
local.access | uneingeschränkter Zugriff | de |
local.bibliographicCitation.publisherPlace | Universität Hohenheim | de |
local.export.bibtex | @techreport{Tscheuschner2021, url = {https://hohpublica.uni-hohenheim.de/handle/123456789/6578}, author = {Tscheuschner, Paul}, title = {Endogenous life expectancy and R&D-based economic growth}, year = {2021}, school = {Universität Hohenheim}, series = {Hohenheim discussion papers in business, economics and social sciences}, } | |
local.export.bibtexAuthor | Tscheuschner, Paul | |
local.export.bibtexKey | Tscheuschner2021 | |
local.export.bibtexType | @techreport | |
local.faculty.number | 3 | de |
local.institute.number | 520 | de |
local.opus.number | 1858 | |
local.series.issueNumber | 2021,01 | |
local.series.title | Hohenheim discussion papers in business, economics and social sciences | |
local.university | Universität Hohenheim | de |
local.university.faculty | Faculty of Business, Economics and Social Sciences | en |
local.university.faculty | Fakultät Wirtschafts- und Sozialwissenschaften | de |
local.university.institute | Institute for Economics | en |
local.university.institute | Institut für Volkswirtschaftslehre | de |
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