Abstract
This chapter assesses the impact of health expenditures and better health status on potential growth and productivity. It presents some 'thought experiments' on the indexation of active life on longevity and impact of ageing on aggregate productivity. After analysing the impact of income growth on health spending, the chapter closes the loop by investigating the likely impacts of better health and longevity on economic growth.
Original language | English |
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Title of host publication | Ageing, Health, and Productivity |
Subtitle of host publication | The Economics of Increased Life Expectancy |
Editors | Pietro Garibaldi, Joaquim Oliveira Martins, Jan van Ours |
Publisher | Oxford University Press |
ISBN (Electronic) | 9780191595370 |
ISBN (Print) | 9780199587131 |
DOIs | |
Publication status | Published - 1 Jan 2011 |
Externally published | Yes |
Keywords
- Ageing
- Aggregate productivity
- Economic growth
- Health expenditure
- Productivity