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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP17393 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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