| 来源类型 | Working Paper
|
| 规范类型 | 报告
|
| DOI | 10.3386/w19263
|
| 来源ID | Working Paper 19263
|
| Barriers to Health and the Poverty Trap |
| Yin-Chi Wang; Ping Wang
|
| 发表日期 | 2013-08-01
|
| 出版年 | 2013
|
| 语种 | 英语
|
| 摘要 | Why have some poor countries been able to take off while others are still stuck in the poverty trap? To address this old question, we observe that (i) with similar or higher levels of educational attainment, trapped countries tend to have much poorer health conditions compared to the initially poor countries that later took off, and (ii) improving health conditions in poor countries usually involves large-scale investment where such resources can be easily misallocated. We construct a dynamic general equilibrium model with endogenous health and knowledge accumulation, allowing health-related institutional barriers to affect individual incentives and equilibrium outcomes. We then calibrate the model to fit (i) the U.S. economy (as a benchmark), (ii) a representative trapped economy based on the average economic performance and economic conditions of 41 countries that are still in the poverty trap, (iii) a group of trapped economies with richer institutional data (Bangladesh, Kenya and Nigeria), and (iv) two initially poor countries that later took off (China and India). The results show that, although low among all countries in this study, the U.S. economy still faced a health-related institutional barrier of 15%. The trapped economies all suffered much large barriers ranging from 50% to 73% under which the incentive to invest in health is severely hindered. For China and India, the magnitudes of such barriers were large (about twice as much as for the U.S. and half that for the trapped economies on average) but not enough to undermine the willingness to invest in health. This paper thereby advances our understanding of the role played by barriers to health in the poverty trap. |
| 主题 | Health, Education, and Welfare
; Health
; Education
; Development and Growth
; Growth and Productivity
|
| URL | https://www.nber.org/papers/w19263
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| 来源智库 | National Bureau of Economic Research (United States)
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| 引用统计 |
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576939
|
推荐引用方式
GB/T 7714 |
Yin-Chi Wang,Ping Wang. Barriers to Health and the Poverty Trap. 2013.
|
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