Does early-life health enhance growth? Evidence from Spain.
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Blázquez Fernández, Carla; Cantarero Prieto, David; Pérez González, Patricio; Llorca Díaz, Francisco JavierFecha
2015Derechos
© Taylor & Francis "This is an Accepted Manuscript of an article published by Taylor & Francis in Applied Economics Letters on 2015, available online: http://www.tandfonline.com/doi/full/10.1080/13504851.2014.982851"
Publicado en
Applied economics letters, 2015, Vol. 22, No. 11, 860–864
Editorial
Taylor & Francis
Enlace a la publicación
Palabras clave
Growth
Infant mortality
Investment
Human capital
Fertility
Health power
Resumen/Abstract
ABSTRACT: This article focuses on the causal effect of early-life health on economic growth for the Spanish regions over the period 1980–2007. The hypothesis follows from recent literature, in which mortality affects growth by diminishing incentives for behaviour with short-run costs and long-run pay-offs. We provide empirical evidence that higher infant mortality has a direct negative impact on per capita income growth. Also, that a greater risk of early-life death is associated with losses on accumulation of both physical and human capital, and fertility gains, which in turn more even reduces growth.
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