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Health and Economic Growth

Author

Listed:
  • Bloom, David E.

    (Harvard School of Public Health)

  • Kuhn, Michael

    (IIASA - International Institute for Applied Systems Analysis)

  • Prettner, Klaus

    (Vienna University of Economics and Business)

Abstract

The positive cross-country correlation between health and economic growth is well-established, but the underlying mechanisms are complex and difficult to discern. Three issues are of central concern. First, assessing and disentangling causality between health and economic growth is empirically challenging. Second, the relation between health and economic growth changes over the process of economic development. Third, different dimensions of health (mortality vs. morbidity, children's and women's health, and health at older ages) may have different economic effects.

Suggested Citation

  • Bloom, David E. & Kuhn, Michael & Prettner, Klaus, 2018. "Health and Economic Growth," IZA Discussion Papers 11939, Institute of Labor Economics (IZA).
    • Handle: RePEc:iza:izadps:dp11939
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    References listed on IDEAS

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    2. Xiaoxuan Yang, 2020. "Health expenditure, human capital, and economic growth: an empirical study of developing countries," International Journal of Health Economics and Management, Springer, vol. 20(2), pages 163-176, June.
    3. Tansel, Aysit & Öztürk, Ceyhan & Erdil, Erkan, 2021. "The Impact of Body Mass Index on Growth, Schooling, Productivity, and Savings: A Cross-Country Study," GLO Discussion Paper Series 929, Global Labor Organization (GLO).
    4. Fraser Summerfield & Livio Di Matteo, 2021. "Influenza Pandemics and Macroeconomic Fluctuations in Recent Economic History," Working Papers 210002, Canadian Centre for Health Economics.
    5. Alfredo M. Pereira & Rui M. Pereira & Pedro G. Rodrigues, 2019. "Health care investments and economic performance in Portugal: an industry level analysis," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 46(6), pages 1174-1200, October.
    6. David E. Bloom & Alex Khoury & Vadim Kufenko & Klaus Prettner, 2021. "Spurring Economic Growth through Human Development: Research Results and Guidance for Policymakers," Population and Development Review, The Population Council, Inc., vol. 47(2), pages 377-409, June.
    7. Luca Marchiori & Olivier Pierrard, 2023. "Health subsidies, prevention and welfare," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(6), pages 1304-1336, December.
    8. Huang, Juan & Rangkakulnuwat, Poomthan, 2024. "Does years of schooling matter for economic growth at different development levels? New evidence from China," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 75, pages 5-32.
    9. Tscheuschner, Paul, 2021. "Endogenous life expectancy and R&D-based economic growth," Hohenheim Discussion Papers in Business, Economics and Social Sciences 01-2021, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
    10. David E. Bloom & Michael Kuhn & Klaus Prettner, 2022. "Modern Infectious Diseases: Macroeconomic Impacts and Policy Responses," Journal of Economic Literature, American Economic Association, vol. 60(1), pages 85-131, March.
    11. Olukemi I. Lawanson & Dominic Ikoh Umar, 2021. "The life expectancy–economic growth nexus in Nigeria: the role of poverty reduction," SN Business & Economics, Springer, vol. 1(10), pages 1-26, October.
    12. Pedro Bação & Marta Simões, 2020. "Is the Welfare State Relevant for Economic Growth? Evidence for Portugal," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 62(3), pages 494-520, September.
    13. Manuela Ortega-Gil & Chaima ElHichou-Ahmed & Antonio Mata-García, 2022. "Effects of Immigrants, Health, and Ageing on Economic Growth in the European Union," IJERPH, MDPI, vol. 20(1), pages 1-17, December.
    14. Taiwo, Kayode, 2018. "A contribution to the health-growth empirics on Africa," MPRA Paper 111023, University Library of Munich, Germany, revised 31 Aug 2020.
    15. Pedro Bação & Marta Simões, 0. "Is the Welfare State Relevant for Economic Growth? Evidence for Portugal," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 0, pages 1-27.
    16. Forshaw, Rachel & Kharadi, Natalya & McLaughlin, Eoin, 2023. "Cardiovascular Disease Mortality and Non-Particulate Air Pollution: Evidence from the 20th Century," Accountancy, Economics, and Finance Working Papers 2023-01, Heriot-Watt University, Department of Accountancy, Economics, and Finance.
    17. Simiao Chen & Michael Kuhn & Klaus Prettner & David E Bloom, 2018. "The macroeconomic burden of noncommunicable diseases in the United States: Estimates and projections," PLOS ONE, Public Library of Science, vol. 13(11), pages 1-14, November.
    18. Alberto Bucci & Lorenzo Carbonari & Monia Ranalli & Giovanni Trovato, 2019. "Health and Development," CEIS Research Paper 470, Tor Vergata University, CEIS, revised 24 Mar 2021.
    19. Julia Włodarczyk & Indranarain Ramlall & Jan Acedański, 2020. "Macroeconomic Effects of an Ageing Population in Mauritius," South African Journal of Economics, Economic Society of South Africa, vol. 88(4), pages 551-574, December.
    20. C. M. Jayadevan, 2021. "Impacts of health on economic growth: evidence from structural equation modelling," Asia-Pacific Journal of Regional Science, Springer, vol. 5(2), pages 513-522, June.
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    More about this item

    Keywords

    economic well-being; economic development; poverty traps; productivity; health; longevity; living standards; neoclassical and R&D-based growth;
    All these keywords.

    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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