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Does higher longevity harm economic growth?


Citation

Sirag, Abdalla and Mohamed Nor, Norashidah and Law, Siong Hook (2020) Does higher longevity harm economic growth? Panoeconomicus, 67 (1). 51 - 68. ISSN 1452-595X; ESSN: 2217-2386

Abstract

This study contributes to economic growth literature by providing new evidence on the relationship between life expectancy and economic growth utilising the recently developed dynamic panel threshold estimator. The sample of this study contains a total of 112 developed and developing countries covering the period from 1981 to 2010. The findings indicate the existence of a non-linear relationship between life expectancy and economic growth. In particular, life expectancy is useful for economic growth but only up to a certain threshold level; any further increase in longevity above the threshold would adversely affect growth. These findings emphasise the role of demographic transition in explaining the relationship between health and economic growth.


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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
DOI Number: https://doi.org/10.2298/PAN150816015S
Publisher: Association of Economists of Vojvodina
Keywords: Life expectancy; Demographic transition; Growth; Dynamic panel threshold
Depositing User: Ms. Nuraida Ibrahim
Date Deposited: 27 Dec 2021 03:27
Last Modified: 27 Dec 2021 03:27
Altmetrics: http://www.altmetric.com/details.php?domain=psasir.upm.edu.my&doi=UDC 330.3:159.922.6 https://doi.org/10.2298/PAN150816015S
URI: http://psasir.upm.edu.my/id/eprint/88512
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