Advanced Search
MyIDEAS: Login to save this paper or follow this series

健康資本蓄積とマクロ経済の収束

Contents:

Author Info

  • 細谷, 圭
Registered author(s):

    Abstract

    本稿では,健康資本の蓄積を考慮した内生的成長モデルに依拠して,マクロ経済の収束問題を理論的に分析する.モデルから導出された収束係数について数値シミュレーションを行うことにより,その収束特性に関して2つの理論的可能性が示唆される.はじめに,標準的なパラメータセットの下で,ここで提示する2部門成長モデルは一般的な内生的成長モデルの収束特性を再現することになる.すなわち,相対的にハイテンポな収束過程が実現する.一方で,第2部門としての健康資本生産部門において,追加的な健康資本生産に対して資本深化外部性の影響が相対的に軽少で,かつ公的医療支出をファイナンスする所得税率が現実的に妥当な水準にあるケースで,ゆっくりとした収束過程が現れる.そうした相対的に緩慢な収束過程は,経済成長とβ-収束性に関する標準的な実証分析の結果と整合的である., This paper investigates a speed of convergence in a growth model with health capital. The simulation of the model reveals two theoretical possibilities. First, under standard parameter set, this type of two-sector model replicates a notable feature of endogenous growth models on convergence property. That is to say, our model exhibits a higher rate of convergence. Second, when a capital deepening externality in the second sector has relatively weak impacts to additional health capital production and income tax rates which finance public health expenditure lie in realistically reasonable level, a slower speed of convergence comes true. Such the slower adjustment process is consistent with the standard empirical results on growth and β-convergence.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/14295/1/pie_dp238.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University in its series Discussion Paper with number 238.

    as in new window
    Length: 11 p.
    Date of creation: Nov 2004
    Date of revision:
    Handle: RePEc:hit:piedp1:238

    Note: 初稿: 2004年8月25日
    Contact details of provider:
    Postal: 2-1 Naka, Kunitachi City, Tokyo 186-8603
    Phone: +81-42-580-8336
    Fax: +81-42-580-8333
    Email:
    Web page: http://cis.ier.hit-u.ac.jp/
    More information through EDIRC

    Related research

    Keywords: 公的医療支出; 資本深化外部性; 収束速度; Capital deepening externality; Public health expenditure; Speed of convergence;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:hit:piedp1:238. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Digital Resources Section, Hitotsubashi University Library).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.