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Health, Lifestyle and Growth

In: Social Exclusion. Short and Long Term Causes and Consequences

Author

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  • Gianluigi Coppola

    (Università di Salerno)

Abstract

In this article, I attempt to explain why lifestyle may have a positive impact on economic growth. First, I consider the ways in which health affects a consumer’s utility, and I then define a Health Production Function for which health is the output and consumer good is the input. In this approach, the Lifestyle Return to Scale (LRS) parameter is defined. The first result is that an increase in a consumer’s personal income may have a positive or a negative effect on health. That is, health may be a normal or an inferior good, depending on the Lifestyle Return to Scale value. According to this result, I compute a health multiplier and then modify the Solow Growth Model in which health is labour-augmenting. The result is a model in which the Lifestyle Return to Scale positively affects per capita income and per capita income growth.

Suggested Citation

  • Gianluigi Coppola, 2012. "Health, Lifestyle and Growth," AIEL Series in Labour Economics, in: Giuliana Parodi & Dario Sciulli (ed.), Social Exclusion. Short and Long Term Causes and Consequences, edition 1, chapter 1, pages 17-34, AIEL - Associazione Italiana Economisti del Lavoro.
    • Handle: RePEc:ail:chapts:05-02
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    File URL: http://link.springer.com/chapter/10.1007/978-3-7908-2772-9_2
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    Cited by:

    1. Ferretti, Fabrizio & Mariani, Michele, 2017. "Simple vs. Complex Carbohydrate Dietary Patterns and the Global Overweight and Obesity Pandemic," MPRA Paper 81877, University Library of Munich, Germany, revised 05 Sep 2017.
    2. Khaled Elmawazini & Pranlal Manga & Sonny Nwankwo & Bader AlNaser, 2019. "Health gap between developed and developing countries: Does globalization matter?," Economic Change and Restructuring, Springer, vol. 52(2), pages 123-138, May.
    3. Fabrizio Ferretti & Michele Mariani, 2017. "Simple vs. Complex Carbohydrate Dietary Patterns and the Global Overweight and Obesity Pandemic," IJERPH, MDPI, vol. 14(10), pages 1-12, October.

    More about this item

    Keywords

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    JEL classification:

    • I10 - Health, Education, and Welfare - - Health - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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