Quotation Baldanzi, Annarita, Bucci, Alberto, Prettner, Klaus. 2021. Children's health, human capital accumulation, and R&D-based growth. Macroeconomic Dynamics. 25 651-668.


RIS


BibTeX

Abstract

We analyze the effects of children’s 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.

Tags

Press 'enter' for creating the tag

Publication's profile

Status of publication Published
Affiliation External
Type of publication Journal article
Journal Macroeconomic Dynamics
Citation Index SSCI
WU-Journal-Rating new FIN-A, VW-C
Language English
Title Children's health, human capital accumulation, and R&D-based growth
Volume 25
Year 2021
Page from 651
Page to 668
Reviewed? Y
URL https://www.cambridge.org/core/journals/macroeconomic-dynamics/article/childrens-health-human-capital-accumulation-and-rdbased-economic-growth/888FB1A5245860F67D963975F248BAB3
DOI https://doi.org/10.1017/S136510051900035X
Open Access N

Associations

People
Prettner, Klaus (Details)
External
Baldanzi, Annarita (University of Milan, Italy)
Bucci, Alberto (University of Milan, Italy)
Organization
Department of Economics (Crespo Cuaresma) (Details)
Google Scholar: Search