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What is Health about?

This paper examines the relationship between health and economic growth using a unified framework. It analyzes both the level and rate of improvement of health. The paper finds: 1) Regressing GDP growth on initial life expectancy level and growth in life expectancy from 1960-2000, both have a significantly positive impact on per capita GDP growth. 2) Restricting the analysis to OECD countries, only reductions in mortality below age 40 (not overall mortality) generate productivity gains that may explain t

Author

Bruegel

Language

EN