Boboc, Cristina and Driouchi, Ahmed and Titan, Emilia (2010): Interrelations between Education, Health, Income and Economic Development in Europe with Emphasis on New Members of European Union.
Download (315kB) | Preview
This study looks at how health, education, and economic development are inter-related in the case of Europe. Factorial analyses besides econometric models, implemented on a panel data from EUROSTAT show that the included variables are interrelated. The new members of the European Union are found to be investing in education, research and development and health care. Furthermore, they have high economic growth and high improvements in education and health state indicators. However, the instability and economic risks that have appeared during the transition process do affect the level of social protection. The existing social protection system increases poverty rates and slows the convergence towards developed economies. Two main directions for enhancing human development in EU new member economies are identified. They include the strengthening of the social protection system to target the vulnerable members affected by the transition process besides increasing expenditure on research and development.
|Item Type:||MPRA Paper|
|Original Title:||Interrelations between Education, Health, Income and Economic Development in Europe with Emphasis on New Members of European Union|
|English Title:||Interrelations between Education, Health, Income and Economic Development in Europe with Emphasis on New Members of European Union|
|Keywords:||Interdependencies, Health, Education, Economic Development|
|Subjects:||D - Microeconomics > D3 - Distribution > D31 - Personal Income, Wealth, and Their Distributions|
|Depositing User:||Ahmed Driouchi|
|Date Deposited:||25. Apr 2010 02:08|
|Last Modified:||12. Feb 2013 11:04|
Adams, P., Hurd, M.D., McFadden D., Merrill, A. & Ribeiro, T. (2003). Healthy, wealthy and wise? Tests for direct causal paths between health and socioeconomic status. Journal of Econometrics, 112(1), 3-56.
Barro, R.J. (1991). Economic growth in a cross-section of countries. Quarterly Journal of Economics, 106(2), 407- 443.
Bernard, P., Beach, C., Bélanger, P., Charbonneau, J., LeBourdais, C., Livingstone, D., McDaniel, S., McDonald, S., Phipps, S, Potvin, L., Quesnel-Vallée, A. & Willms, J. D. (2006). Capturing the lifecourse- The contribution of a panel study of lifecourse dynamics (PSLD) to public policy analysis in Canada”. Conference proceedings- Longitudinal Social and Health Surveys in an International Perspective.
Bloom, D.E., Canning D. (1999). The health and wealth of nations. Science, 287(5456), 1207-1209.
Bloom, D.E., Canning D. & Sevillahttp J. (2001). The effect of health on economic growth: Theory and evidence. Working Paper 8587, National Bureau of Economic Research. Retrieved from http://www.nber.org/papers/w8587.pdf
Cutler, D.M., Miller G. & Douglas M.N. (2007). Evidence on early-life income and late-life health from America’s Dust Bowl era. Proceedings of the National Academy of Sciences of the United States of America, 104 (33), 13244-13249.
Cutler, D.M., Lleras-Muney, A. & Vogl, T., (2008). Socio economic status and health: dimensions and mechanisms. NBER Working Paper 14333. Retrieved from http://www.nber.org/papers/w14333.pdf
Driouchi, A., Azelmad, M. & Anders, G. (2006). An econometric analysis of the role of knowledge in economic performance. Journal of Technology Transfer, 31, 241- 255.
Farrell, D., Ghai S. & Shavers T. (2005). The coming demographic deficit: How aging population will reduce global wealth. Mckinsey Quarrterly. Retrieved from http://www.scribd.com/doc/7781613/The-demographic-deficit-How-aging-will-reduce-global-wealth
Freudenberg, N. & Ruglis J. (2007). Reframing school dropout as a public health issue. Preventing chronic diseas:, Public Health Research, Practice and Policy, 4 (4). Retrieved from http://www.cdc.gov/pcd/issues/2007/oct/pdf/07_0063.pdf
Gerdtham, U.G. &Loé Thgren M. (2002). New panel results on co-integration of international health expenditure and GDP. Applied Economics, 34(13), 1679-1686
Grimm, M. & Harttgen K. (2007). Longer life, higher welfare? Oxford Economic Papers, 60(2), 193-211.
Hurd, M., & Kapteyn, A. (2003). Health, wealth, and the role of Institutions. Journal of Human Resources, 38(2), 387-415.
Knapp, D., (2007). The influence of health on labor productivity: An analysis of european conscription data. Retrieved from https://kb.osu.edu/dspace/bitstream/1811/25245/1/Thesis_Final.pdf
Lee, J. & Kim, H. (2007). A longitudinal analysis of the impact of health shocks on the wealth of elders. Journal of Population Economics, 21(1), 217-230.
Mayer-Foulkes, D. (2004). The intergenerational impact of health on economic growth. CIDE, Mexico. Retrieved from http://www.paho.org/Spanish/dpm/shd/hp/hapl04_nutpob_docrelac_mayer2004.pdf
Muysken, J., Yetkiner, H. & Ziesemer, T. (2002). Health, labour productivity and growth, in: Harald Hagemann and Stefan Seiter (eds.), New Development in Economic Growth and Policy, Routledge.
Sen, A. (1998). Mortality as an indicator of economic success and failure.Economic Journal, 108(446), 1-25.
Siddiq, O.& Sen, A. (2005). The hidden penalties of gender inequality: The fetal origin of ill-health. Journal of Economics and Human Biology, 1, 105-121.
Sommestad, L. (2001). Health and Wealth: The Contribution of Welfare State Policies to Economic Growth. Speech prepared for the Expert Conference ”Best Practices in Progressive Governance”, Institute of Future Studies. Retrieved from http://www.framtidsstudier.se/filebank/files/20051201$132958$fil$JYfIvMY99mKxZZQvzKw1.pdf
The World Bank, (2008). The road not traveled: Education reform in Middle East and Africa, MENA Development Report. Retrieved from http://siteresources.worldbank.org/INTMENA/Resources/EDU_Flagship_Full_ENG.pdf
UNDP, (2002, 2003, 2004 & 2005). Arab Human Development Reports. Retrieved from http://hdr.undp.org/en/
Wichmann, T., (1995). Food consumption and growth in a two sector economy. Berlecon Research Papers. Retrived from http://www.berlecon.de/tw/foodgrw.pdf
Xu, K., Evans, D.B., Kawabata, K., Zeramdini, R., Klavus, J. & Murray, C.J.L. (2003). Household catastrophic health expenditure: A multicountry analysis. Lancet, 362(9378), 111-7.
Yamauchi, F., (2006). Early childhood nutrition, schooling, and sibling inequality in a dynamic context: Evidence from South Africa. Food Consumption and Nutrition Division, FCND Discussion Paper 203. Retrieved from http://ageconsearch.umn.edu/bitstream/56119/2/fcndp203.pdf