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The Health Component of the Human Capital and the Economic Output "Abstract: The paper has the aim to explore the relationship between health, as human capital component, not very much investigated so far, and the macroeconomic results. It is analyzed the relationship between the evolution of GDP and statistical indicators reflecting the investment in health, the health status of the population and the resource indicators in the EU Member States. The main conclusions of the study reveal a positive correlation between these indicators, except the health expenditure as percentage of GDP and number of hospitals beds at 100.000 inhabitants."

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  • Olimpia NEAGU

    ("Vasile Goldis” Western University of Arad)

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  • Olimpia NEAGU, 2011. "The Health Component of the Human Capital and the Economic Output "Abstract: The paper has the aim to explore the relationship between health, as human capital component, not very much investigat," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 8, pages 213-222, December.
    • Handle: RePEc:aic:revebs:y:2011:i:8:neaguo
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    References listed on IDEAS

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    6. Dan Usher, 1973. "The Measurement of Economic Growth," Working Paper 145, Economics Department, Queen's University.
    7. Tomas J. Philipson & William H. Dow & Xavier Sala-i-Martin, 1999. "Longevity Complementarities under Competing Risks," American Economic Review, American Economic Association, vol. 89(5), pages 1358-1371, December.
    8. Ehrlich, Isaac, 2000. "Uncertain lifetime, life protection, and the value of life saving," Journal of Health Economics, Elsevier, vol. 19(3), pages 341-367, May.
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    More about this item

    Keywords

    human capital; health status; economic results;
    All these keywords.

    JEL classification:

    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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