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Financial crisis, health outcomes and ageing: Mexico in the 1980s and 1990s

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  • Cutler, David M.
  • Knaul, Felicia
  • Lozano, Rafael
  • Mendez, Oscar
  • Zurita, Beatriz

Abstract

We study the impact of economic crisis on health in Mexico. There have been four wide-scale economic crises in Mexico in the past two decades, the most recent in 1995-96. We find that mortality rates for the very young and the elderly increase or decline less rapidly in crisis years as compared with non-crisis years. In late 1995-96 crisis, mortality rates were about 5 to 7 percent higher in the crisis years compared to the years just prior to the crisis. This translates into a 0.4 percent increase in mortality for the elderly and a 0.06 percent increase in mortality for the very young. We find tentative evidence that economic crises affect mortality by reducing incomes and possibly by placing a greater burden on the medical sector, but not by forcing less healthy members of the population to work or by forcing primary caregivers to go to work.
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Suggested Citation

  • Cutler, David M. & Knaul, Felicia & Lozano, Rafael & Mendez, Oscar & Zurita, Beatriz, 2002. "Financial crisis, health outcomes and ageing: Mexico in the 1980s and 1990s," Journal of Public Economics, Elsevier, vol. 84(2), pages 279-303, May.
    • Handle: RePEc:eee:pubeco:v:84:y:2002:i:2:p:279-303
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    More about this item

    JEL classification:

    • I1 - Health, Education, and Welfare - - Health
    • F3 - International Economics - - International Finance

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