Chiu, I- Ming; Yamada, Tetsuji; Chen, Chia-Ching - In: International Economic Journal 25 (2011) 2, pp. 305-318
In this paper, human capital in the form of 'health status' is introduced into a neoclassical economic growth model as one of the main factors differentiating rich and poor countries. Various panel data models are used to examine how health and other growth factors affect average income in...