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Does longevity cause growth? A theoretical critique

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Author Info

  • Moshe Hazan
  • Hosny Zoabi

Abstract

This paper challenges conventional wisdom by arguing that greater longevity may have contributed less than previously thought for the significant accumulation of human capital during the transition from stagnation to growth. This is because when parents make choices over the quantity and quality of their offspring, greater longevity positively affects not only the returns to quality but also the returns to quantity. The theory suggests that in contrast to longevity, improvements in health are more likely to generate quantity quality tradeoff. Finally, it shows the importance of controlling for fertility when empirically examining the impact of children’s health on their education. Copyright Springer Science+Business Media, LLC 2006

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File URL: http://hdl.handle.net/10.1007/s10887-006-9008-5
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Bibliographic Info

Article provided by Springer in its journal Journal of Economic Growth.

Volume (Year): 11 (2006)
Issue (Month): 4 (December)
Pages: 363-376

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Handle: RePEc:kap:jecgro:v:11:y:2006:i:4:p:363-376

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Web page: http://www.springerlink.com/link.asp?id=102931

Related research

Keywords: Longevity; Fertility; Human capital; Growth;

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Cited by:
  1. Raouf, BOUCEKKINE, 2007. "A theory of dynamics and inequalities under epidemics," Discussion Papers (ECON - Département des Sciences Economiques) 2007022, Université catholique de Louvain, Département des Sciences Economiques.
  2. David de la Croix & Omar Licandro, 2007. "‘The Child is Father of the Man:’ Implications for the Demographic Transition," Economics Working Papers ECO2007/05, European University Institute.
  3. BOUCEKKINE, Raouf & DESBORDES, Rodolphe & LATZER, Hélène, 2008. "How do epidemics induce behavioral changes?," CORE Discussion Papers 2008042, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  4. David de la Croix & Omar Licandro, 2008. "The Child is Father of the Man: by Implications for the Demographic Transition," Working Papers 2008-04, FEDEA.
  5. Hazan, Moshe, 2006. "Longevity and Lifetime Labour Input: Data and Implications," CEPR Discussion Papers 5963, C.E.P.R. Discussion Papers.

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