Does higher longevity harm economic growth?
| Autor: | Norashidah Mohamed Nor, Abdalla Sirag, Siong Hook Law |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
growth
media_common.quotation_subject lcsh:Economic theory. Demography 05 social sciences 0211 other engineering and technologies Longevity Demographic transition Developing country Sample (statistics) 02 engineering and technology Affect (psychology) dynamic panel threshold lcsh:HB1-3840 Harm demographic transition 0502 economics and business life expectancy Life expectancy Economics Demographic economics 021108 energy 050207 economics General Economics Econometrics and Finance media_common |
| Zdroj: | Panoeconomicus, Vol 67, Iss 1, Pp 51-68 (2020) |
| ISSN: | 2217-2386 1452-595X |
| DOI: | 10.2298/pan150816015s |
| Popis: | This study contributes to economic growth literature by providing new evidence on the relationship between life expectancy and economic growth utilising the recently developed dynamic panel threshold estimator. The sample of this study contains a total of 112 developed and developing countries covering the period from 1981 to 2010. The findings indicate the existence of a non-linear relationship between life expectancy and economic growth. In particular, life expectancy is useful for economic growth but only up to a certain threshold level; any further increase in longevity above the threshold would adversely affect growth. These findings emphasise the role of demographic transition in explaining the relationship between health and economic growth. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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