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Correlation Betweenwealth And Health Of The Nation

Author

Listed:
  • Rumyana T. Yaneva
  • Boryana V. Borisova
  • Emilian N. Radev
  • Nina T. Yaneva

Abstract

Protecting and restoring the health and quality of life of every citizen are basic functions and concern of the state. Two-way relationship exists between health and wealth. Welfare creates directly material conditions. Indirect impact is expressed through social and psychological effects. On the other hand, there is evidence of the influence of income on health.

Suggested Citation

  • Rumyana T. Yaneva & Boryana V. Borisova & Emilian N. Radev & Nina T. Yaneva, 2014. "Correlation Betweenwealth And Health Of The Nation," Economy & Business Journal, International Scientific Publications, Bulgaria, vol. 8(1), pages 346-353.
    • Handle: RePEc:isp:journl:v:8:y:2014:i:1:p:346-353
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    References listed on IDEAS

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    1. Gary S. Becker & Kevin M. Murphy & Robert Tamura, 1994. "Human Capital, Fertility, and Economic Growth," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition, pages 323-350, National Bureau of Economic Research, Inc.
    2. Grossman, Michael, 1972. "On the Concept of Health Capital and the Demand for Health," Journal of Political Economy, University of Chicago Press, vol. 80(2), pages 223-255, March-Apr.
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    More about this item

    Keywords

    wealth; health; quality of life;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

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