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Health capital provision and human capital accumulation

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  • Leonid V Azarnert

Abstract

This article analyses the effect of public policy intervention in the production of health capital on fertility, private investment in children’s health and education, and human capital accumulation. I have used a growth model with endogenous fertility, in which the usual parental trade-off between the quantity and quality of their children is augmented with an additional factor that affects children’s human capital, which is health. I analyse the overall society-wide effect of public policy intervention and derive a condition that determines precisely whether public provision of free health services increases or decreases the average level of human capital in the society.

Suggested Citation

  • Leonid V Azarnert, 2020. "Health capital provision and human capital accumulation," Oxford Economic Papers, Oxford University Press, vol. 72(3), pages 633-650.
    • Handle: RePEc:oup:oxecpp:v:72:y:2020:i:3:p:633-650.
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    File URL: http://hdl.handle.net/10.1093/oep/gpaa004
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    Cited by:

    1. Leonid V. Azarnert, 2025. "Brain Drain or Brain Dilution Tax: A Sending Country’s Perspective," CESifo Working Paper Series 12053, CESifo.
    2. Olga N. Volkova & Aleksandra N. Volkova, 2024. "Empirical Testing of Grossman’s the Demand for Health Model: The Case of Russia," Journal of Applied Economic Research, Graduate School of Economics and Management, Ural Federal University, vol. 23(1), pages 33-58.
    3. Peipei Qi & Dandan Sun & Can Xu & Qiang Li & Qi Wang, 2023. "Can Data Elements Promote the High-Quality Development of China’s Economy?," Sustainability, MDPI, vol. 15(9), pages 1-19, April.
    4. Xiang Pan & Huan Wang & Dongming Wu & Xinhua Liu & Pengyu Deng & Yanfeng Zhang, 2022. "Influence of Family Environment on the Scientific Fitness Literacy of Preschool and School Children in China: A National Cross-Sectional Study," IJERPH, MDPI, vol. 19(14), pages 1-15, July.
    5. Tanaka, Hiroki & Yasuoka, Masaya, 2024. "Education choice and human capital accumulation with an endogenous fertility model," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 194-207.
    6. Pingkuo Liu & Jiahao Wu, 2023. "Game Analysis on Energy Enterprises’ Digital Transformation—Strategic Simulation for Guiding Role, Leading Role and Following Role," Sustainability, MDPI, vol. 15(13), pages 1-33, June.
    7. Gökçe Tekin Turhan & Pınar Tokal & Gamze Sart, 2023. "The Role of Financial Sector Development and Educational Attainment in the Achievement of Economic Sustainability: Evidence from BRICS Economies," Sustainability, MDPI, vol. 15(6), pages 1-18, March.
    8. Xiangfa Li & Zhe Zhang & Weixian Xue & Hua Wang, 2022. "The Effects of Household Debt and Oil Price Shocks on Economic Growth in the Shadow of the Pandemic," Sustainability, MDPI, vol. 14(22), pages 1-16, November.
    9. Safiyeh Tayebi & Seyed Ali Alavi & Saeed Esfandi & Leyla Meshkani & Aliakbar Shamsipour, 2023. "Evaluation of Land Use Efficiency in Tehran’s Expansion between 1986 and 2021: Developing an Assessment Framework Using DEMATEL and Interpretive Structural Modeling Methods," Sustainability, MDPI, vol. 15(4), pages 1-26, February.
    10. Leonid V Azarnert, 2023. "Population sorting and human capital accumulation," Oxford Economic Papers, Oxford University Press, vol. 75(3), pages 780-801.
    11. Chen, Wei, 2024. "The extended Grossman human capital model with endogenous demand for knowledge," International Review of Economics & Finance, Elsevier, vol. 95(C).
    12. Kristaps Lesinskis & Inese Mavlutova & Aivars Spilbergs & Janis Hermanis, 2023. "Digital Transformation in Entrepreneurship Education: The Use of a Digital Tool KABADA and Entrepreneurial Intention of Generation Z," Sustainability, MDPI, vol. 15(13), pages 1-20, June.

    More about this item

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • J10 - Labor and Demographic Economics - - Demographic Economics - - - General
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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