Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/155309
Authors: 
Baldanzi, Annarita
Bucci, Alberto
Prettner, Klaus
Year of Publication: 
2017
Series/Report no.: 
Hohenheim Discussion Papers in Business, Economics and Social Sciences 01-2017
Abstract: 
We analyze the effects of children's health on human capital accumulation and on long-run economic growth. For this purpose we design an R&D-based growth model in which the stock of human capital of the next generation is determined by parental education and health investments. We show that i) there is a complementarity between education and health: if parents want to have better educated children, they also raise health investments and vice versa; ii) parental health investments exert an unambiguously positive effect on long-run economic growth, iii) faster population growth reduces long-run economic growth. These results are consistent with the empirical evidence for modern economies in the twentieth century.
Subjects: 
Children's Health
Education
Fertility
Economic Growth
Technological Progress
Long-run Economic Development
JEL: 
I15
I25
J10
O30
O41
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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