%0 Journal Article %1 Bhargava2001 %A Bhargava, A %A Jamison, D T %A Lau, L J %A Murray, C J %D 2001 %J Journal of health economics %K AA,Adult,Aged,Causality,Developed Aged,Models,Population Analysis Countries,Developed Countries,Developing Countries: Development,Humans,Income,Investments,Life Dynamics,Socioeconomic Expectancy,Middle Factors,Survival Indicators,Human Status economics,Developing economics,Econometric,Health %N 3 %P 423--40 %T Modeling the effects of health on economic growth. %U http://www.ncbi.nlm.nih.gov/pubmed/11373839 %V 20 %X This paper investigates the effects of health indicators such as adult survival rates (ASR) on GDP growth rates at 5-year intervals in several countries. Panel data were analyzed on GDP series based on purchasing power adjustments and on exchange rates. First, we developed a framework for modeling the inter-relationships between GDP growth rates and explanatory variables by re-examining the life expectancy-income relationship. Second, models for growth rates were estimated taking into account the interaction between ASR and lagged GDP level; issues of endogeneity and reverse causality were addressed. Lastly, we computed confidence intervals for the effect of ASR on growth rate and applied a test for parameter stability. The results showed positive effects of ASR on GDP growth rates in low-income countries.

@article{Bhargava2001, abstract = {This paper investigates the effects of health indicators such as adult survival rates (ASR) on GDP growth rates at 5-year intervals in several countries. Panel data were analyzed on GDP series based on purchasing power adjustments and on exchange rates. First, we developed a framework for modeling the inter-relationships between GDP growth rates and explanatory variables by re-examining the life expectancy-income relationship. Second, models for growth rates were estimated taking into account the interaction between ASR and lagged GDP level; issues of endogeneity and reverse causality were addressed. Lastly, we computed confidence intervals for the effect of ASR on growth rate and applied a test for parameter stability. The results showed positive effects of ASR on GDP growth rates in low-income countries.}, added-at = {2012-02-27T06:11:36.000+0100}, author = {Bhargava, A and Jamison, D T and Lau, L J and Murray, C J}, biburl = {https://www.bibsonomy.org/bibtex/29f4ee5bc892fe3b325fd3f6c6a0fc559/kamil205}, file = {:Users/Miguel/Dropbox/Escola/Artigos/Bhargava et al.\_2001\_Modeling the effects of health on economic growth.pdf:pdf}, interhash = {08f2ed3547c7331c29855b4989f160f0}, intrahash = {9f4ee5bc892fe3b325fd3f6c6a0fc559}, issn = {0167-6296}, journal = {Journal of health economics}, keywords = {AA,Adult,Aged,Causality,Developed Aged,Models,Population Analysis Countries,Developed Countries,Developing Countries: Development,Humans,Income,Investments,Life Dynamics,Socioeconomic Expectancy,Middle Factors,Survival Indicators,Human Status economics,Developing economics,Econometric,Health}, mendeley-tags = {AA}, month = may, number = 3, pages = {423--40}, pmid = {11373839}, timestamp = {2012-02-27T06:11:42.000+0100}, title = {{Modeling the effects of health on economic growth.}}, url = {http://www.ncbi.nlm.nih.gov/pubmed/11373839}, volume = 20, year = 2001 }