Coppola, Gianluigi (2008): Health, lifestyle, Growth.
Download (77kB) | Preview
In this paper we try to explain why lifestyle may have a positive impact on economic growth. First of all, we consider health affecting consumer’s utility and we define also a Health Production Function where health is the output and the consumer’s good are the inputs. In this approach we define lifestyle as the return to scale of the Health Production Function A first result is that an increase of consumer’s personal income may have a positive or a negative effect on health. According this result, we modify the Solow Growth Model. We consider health as labour-augmenting. The result is a semi-endogenous model in which the population growth affects positively the income per capita growth, if lifestyle is positive.
|Item Type:||MPRA Paper|
|Original Title:||Health, lifestyle, Growth|
|Subjects:||I - Health, Education, and Welfare > I0 - General > I00 - General
O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O40 - General
|Depositing User:||gianluigi coppola|
|Date Deposited:||09. Sep 2008 00:44|
|Last Modified:||19. Feb 2013 18:45|
Becker G.S., Grossman M. Kevin M. (1994), An Empirical Analysis of Cigarette Addiction, The American Economic Review, Vol 84, No 3, pp 396-418 Becker G.S., Murphy K.M. (1988), A Theory of Rational Addiction, The Journal of Political Economy, Vol. 96, No 4, pp. 675-700 Bennardo A. and Piccolo S. (2005), Competitive Markets and Endogenous Health Risks, CSEF Working Paper no 145 Berger M. C., Leigh J.P. (1989), Schooling, Self-Selection, and Health, The Journal of Human Resource, Vol. 24, No 3. (Summer,1989), pp. 433-455 Blondel S., Lohéac Y., Rinaudo S. (2007), Rationality and drug use: An experimental approach, Journal of Health Economics, 26, 643-658 Borg, V., Kristensen, T.,(2000), Social class and self-rated health: can the gradient be explained by differences in life style or work environment? Social Science and Medicine 51, 1019–1030. Contoyannis P. and Jones A.M. (2004), Socio-economic Status, Health and Lifestyle, Journal of Health Economics, 23, 965-995 Destefanis S. and Sena V. (2006), Health Capabilities and Functionings: An Empirical Analysis for the U.K: CSEF Working Paper n. 151 Fuchs, V., 1982. Time Preference and Health: An Exploratory Study. In: Fuchs, V. (Ed.), Economic Aspects of Health. University of Chicago Press, pp. 93–120. Fuchs, V., 1986. The Health Economy, first ed. Harvard University Press, Cambridge, MA. Grossman M. (1972), On the Concept of Health Capital and the Demand for Health, Journal of Political Economy, Vol. 80, No 2., pp. 223-255 Heshmati (2001) On the causality between GDP and Health Care Expenditure in Augmented Solow Growth Model SEE/EFI Working paper series in Economics and Finance n. 423 Hu, T.-W., Ren, Q.-F., Keeler, T., Bartlett, J. (1995), The demand for cigarettes in California and behavioural risk factors. Health Economics 4, 7–14. Kenkel, D., (1991). Health behaviour, health knowledge and schooling. Journal of Political Economy 99, 287–305. Kenkel, D., (1995). Should you eat breakfast? Estimates from health production functions. Health Economics 4,15–29. ? Kip Viscussi W. and Evans W. N. (1990), Utility Function that Depend on Health Status, American Economic Review, Vol. 80 No.3., pp. 353-374 Lòpez-Casasnovas and others (2005) “Health and economic growth: findings and policy implications” edited by Guillem López-Casasnovas, Berta Rivera, and Luis Currais. - Cambridge : MIT press, Mas-Colell A., Whinston M. Green J. (1995), Microeconomic Theory, Oxford University Press,. Rivera and Currais (1999b) “Income Variation and Health Expenditure: Evidence for OECD Countries” Review of Development Economics, 3(3) 258-267 Rivera, Berta and Currais, Luis (1999a) 'Economic growth and health: direct impact or reverse causation?', Applied Economics Letters, 6:11, 761 -764 Sassi F. and Hurst J. (2008) The Prevention of Lifestyle related Chronic Diseases: An Economic Frameword OECD Health Working Paper n.32 Varian, H. (1992), Microeconomic Analysis, III ed., Norton Weil D. N. (2004) “Economic Growth”, Addison-Wesley