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Longevity and Education Externalities: A Macroeconomic Perspective

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  • RICCI Francesco
  • ZACHARIADIS Marios

Abstract

We argue that education exerts positive external effects on health, beyond the standard internal effects documented in the literature. We put forward a model that clarifies the links between education and longevity in the presence of such an externality. We then implement an innovative approach to control for endogeneity problems, and present evidence for the significant role played by higher education in explaining longevity across countries. Our findings provide empirical evidence in support of our hypothesis of educational externalities on health.

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Paper provided by LERNA, University of Toulouse in its series LERNA Working Papers with number 09.02.278.

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Date of creation: Jan 2009
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Handle: RePEc:ler:wpaper:09.02.278

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