The Rise in Life Expectancy and Economic Growth in the 20th Century

Casper Worm Hansen, Lars Lønstrup

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Abstrakt

This research exploits conditional exogenous variation in mortality from the diffusion of modern medicine to study the effect of growth in life expectancy on the growth in GDP per capita. The empirical analysis establishes that countries that obtained higher growth rates of life expectancy due to this shock to mortality in the mid-twentieth century experienced lower growth rates of GDP per capita in the second half of the twentieth century. In addition, a negative relationship between initial level of life expectancy and the subsequent growth rate of GDP per capita is found.
OriginalsprogEngelsk
TidsskriftEconomic Journal
Vol/bind125
Udgave nummer584
Sider (fra-til)838-852
ISSN0013-0133
DOI
StatusUdgivet - maj 2015

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