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RETRACTED: Income Shocks and Child Mortality Rates: Evidence from Fluctuations in Oil Prices

Author

Listed:
  • Rivero Catalina

    (Department of Economics, University of Buenos Aires, Ayacucho 1245 (C1111AAI) - Buenos Aires, Argentina)

  • Acuna Pedro

    (Department of Economics, University of Buenos Aires, Ayacucho 1245 (C1111AAI) - Buenos Aires, Argentina)

Abstract

Previous studies show that children in lower socioeconomic status families reveal higher rates of mortality. We complement the income-mortality literature by establishing a causal link between income and child mortality. Our instrument for income is based on time-series global shocks to oil prices combined with the cross-sectional share of employment in manufacturing across US states as their exposure to oil price changes. Using the universe of death records between the years 1975-2004, we find the OLS results of income-child-mortality relationships are under-biased. The 2SLS-IV results suggest that a $1,000 increase in income per capita at the state level reduces child mortality and infant mortality by 0.87 and 0.53 fewer incidences per 1,000 population of age-specific children.

Suggested Citation

  • Rivero Catalina & Acuna Pedro, 2021. "RETRACTED: Income Shocks and Child Mortality Rates: Evidence from Fluctuations in Oil Prices," Economics, Sciendo, vol. 9(1), pages 69-83, June.
    • Handle: RePEc:vrs:econom:v:9:y:2021:i:1:p:69-83:n:11
    DOI: 10.2478/eoik-2021-0002
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    References listed on IDEAS

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    More about this item

    Keywords

    Income; Child Mortality; Infant Mortality; Toddler Mortality; Income Inequality; Oil Price; Panel Data; Two-Stage Least Square; Instrumental Variable;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • I14 - Health, Education, and Welfare - - Health - - - Health and Inequality
    • P36 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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