G2TT
来源类型Discussion paper
规范类型论文
来源IDDP17393
DP17393 Health and Economic Growth: Reconciling the Micro and Macro Evidence
David Bloom; David Canning; Rainer Kotschy; Klaus Prettner; Johannes Schünemann
发表日期2022-06-17
出版年2022
语种英语
摘要Economists use micro-based and macro-based approaches to assess the macroeconomic return to population health. The macro-based approach tends to yield estimates that are either negative and close to zero or positive and an order of magnitude larger than the range of estimates derived from the micro-based approach. This presents a micro-macro puzzle regarding the macroeconomic return to health. We reconcile the two approaches by controlling for the indirect effects of health, which macro-based approaches usually include but micro-based approaches deliberately omit when isolating the direct effect of health. Our results show that the macroeconomic return to health lies in the range of plausible microeconomic estimates, demonstrating that both approaches are in fact consistent with one another.
主题Macroeconomics and Growth
关键词Productivity Population health Human capital Economic development
URLhttps://cepr.org/publications/dp17393
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/546454
推荐引用方式
GB/T 7714
David Bloom,David Canning,Rainer Kotschy,et al. DP17393 Health and Economic Growth: Reconciling the Micro and Macro Evidence. 2022.
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