Thanasis Stengos () (Department of Economics, University of Guelph.) Brennan S. Thompson () (Department of Economics, Ryerson University.) Ximing Wu () (Department of Agricultural Economics, Texas A&M University.)
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In this paper we investigate the joint conditional distribution of health (life expectancy) and income growth and its evolution over time. The conditional distributions of these two variables are obtained by applying nonparametric methods to a bivariate nonparametric regression system of equations. Analyzing the distributions of the nonparametric fitted values from these models we find strong evidence of movement over time and strong evidence of first-order stochastic dominance of the earlier years over the later ones. We also find strong evidence of second-order stochastic dominance by non-OECD countries over OECD countries in each period. Our results complement the findings of Wu, Savvides and Stengos (2008) who explored the unconditional behaviour of these joint distributions over time
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Paper provided by University of Guelph, Department of Economics in its series Working Papers with number
0901.
Find related papers by JEL classification: O1 - Economic Development, Technological Change, and Growth - - Economic Development O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
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Durlauf, Steven N. & Quah, Danny T., 1999.
"The new empirics of economic growth,"
Handbook of Macroeconomics,
in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 4, pages 235-308
Elsevier.
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