We analyze the economic consequences for less developed countries of investing in female health. In so doing we … investments in their education and in which we allow for health-related gender differences in productivity. We show that better … female health speeds up the demographic transition and thereby the take-off toward sustained economic growth. By contrast …

This paper investigates the economic returns to parental health. To account for potential endogeneity between parental … health and child outcomes, we leverage longitudinal microdata from Indonesia to estimate individual fixed effects models. Our … results show that the economic returns to parental health are high. We show that maternal health not only significantly …

The positive cross-country correlation between health and economic growth is well-established, but the underlying … causality between health and economic growth is empirically challenging. Second, the relation between health and economic growth … changes over the process of economic development. Third, different dimensions of health (mortality vs. morbidity, children …

Micro-based and macro-based approaches have been used to assess the effects of health on economic growth. Micro …-based approaches aggregate the return on individual health from Mincerian wage regressions to derive the macroeconomic effects of … population health. Macro-based approaches estimate a generalized aggregate production function that decomposes output into its …

consumer optimization model that incorporates endogenous fertility as well as endogenous education and health investments. The … model shows that a fertility decline induces higher education and health investments that are able to compensate for …

Acemoglu and Johnson (2007) present evidence that improvements in population health do not promote economic growth. We … show that their result depends critically on the assumption that initial health has no causal effect on subsequent economic … growth. We argue that such an effect is likely, primarily because childhood health affects adult productivity. In our …