Does longevity cause growth? A theoretical critique

Moshe Hazan, Hosny Zoabi

Research output: Contribution to journalArticlepeer-review

Abstract

This paper challenges conventional wisdom by arguing that greater longevity may have contributed less than previously thought for the significant accumulation of human capital during the transition from stagnation to growth. This is because when parents make choices over the quantity and quality of their offspring, greater longevity positively affects not only the returns to quality but also the returns to quantity. The theory suggests that in contrast to longevity, improvements in health are more likely to generate quantity quality tradeoff. Finally, it shows the importance of controlling for fertility when empirically examining the impact of children's health on their education.

Original languageEnglish
Pages (from-to)363-376
Number of pages14
JournalJournal of Economic Growth
Volume11
Issue number4
DOIs
StatePublished - Dec 2006
Externally publishedYes

Keywords

  • Fertility
  • Growth
  • Human capital
  • Longevity

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