Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/184880
Year of Publication: 
2017
Series/Report no.: 
Diskussionspapier No. 177
Publisher: 
Helmut-Schmidt-Universität - Universität der Bundeswehr Hamburg, Fächergruppe Volkswirtschaftslehre, Hamburg
Abstract: 
This study examines the effects of adult and non-adult mortality on the long-run level of income in a heterogeneous dynamic and cross-sectionally dependent panel. Employing data for 20 countries between 1800 and 2010, it is found that (i) while non-adult mortality has no long-run effect on GDP per capita, reductions in adult mortality lead to statistically and economically significant increases in the long-run level of per capita income; (ii) there are no significant differences in the long-run effects of adult mortality and non-adult mortality on GDP per capita before and after the onset of the demographic transition; and (iii) mortality in middle adulthood has the greatest impact on economic development, whereas early adulthood mortality and mortality in later adulthood have little to no impact on the long-run level of per capita income.
Subjects: 
Life expectancy
Adult mortality
Non-adult mortality
Economic development
Heterogeneous panel data models
Cross-sectional dependence
Demographic transition
JEL: 
I15
O11
J11
C23
Document Type: 
Working Paper

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