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- W3129852347 abstract "We propose an overlapping generations framework in which life expectancyis determined endogenously by governmental health investments. As a nov-elty, we are able to examine the feedback effects between life expectancy andRD ii) longevity-induced reductions in fertility hampereconomic development; iii) the positive life expectancy effects of larger savingsand higher labor force participation outweigh the negative effect of a reductionin fertility, and iv) there exists a growth-maximizing size of the health caresector that might lie beyond what is observed in most countries. Altogether,the results support a rather optimistic view on the relationship between lifeexpectancy and economic growth and contribute to the debate surroundingrising health shares and economic development." @default.
- W3129852347 created "2021-03-01" @default.
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- W3129852347 date "2021-02-16" @default.
- W3129852347 modified "2023-09-27" @default.
- W3129852347 title "Endogenous life expectancy and R&D-based economic growth" @default.
- W3129852347 hasPublicationYear "2021" @default.
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