Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
13461109 | Journal of Policy Modeling | 2019 | 20 Pages |
Abstract
This study examines the effects of adult and non-adult mortality on the long-run level of income in a heterogeneous dynamic and cross-sectionally dependent panel. Employing data for 20 countries between 1800 and 2010, it is found that (i) while non-adult mortality has no long-run effect on GDP per capita, reductions in adult mortality lead to statistically and economically significant increases in the long-run level of per capita income; (ii) there are no significant differences in the long-run effects of adult mortality and non-adult mortality on GDP per capita before and after the onset of the demographic transition; and (iii) mortality in middle adulthood has the greatest impact on economic development, whereas early adulthood mortality and mortality in later adulthood have little to no impact on the long-run level of per capita income.
Related Topics
Social Sciences and Humanities
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Economics and Econometrics
Authors
Dierk Herzer, Korbinian Nagel,