The impact of adult and non-adult mortality on development: Two centuries evidence from a panel of industrial countries |
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Authors: | Dierk Herzer Korbinian Nagel |
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Affiliation: | Department of Economics, Helmut-Schmidt-University Hamburg, Holstenhofweg 85, 22043 Hamburg, Germany |
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Abstract: | This study examines the effects of adult and non-adult mortality on the long-run level of income in a heterogeneous dynamic and cross-sectionally dependent panel. Employing data for 20 countries between 1800 and 2010, it is found that (i) while non-adult mortality has no long-run effect on GDP per capita, reductions in adult mortality lead to statistically and economically significant increases in the long-run level of per capita income; (ii) there are no significant differences in the long-run effects of adult mortality and non-adult mortality on GDP per capita before and after the onset of the demographic transition; and (iii) mortality in middle adulthood has the greatest impact on economic development, whereas early adulthood mortality and mortality in later adulthood have little to no impact on the long-run level of per capita income. |
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Keywords: | I15 O11 J11 C23 Life expectancy Adult mortality Non-adult mortality Economic development Cross-sectional dependence |
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