English  |  正體中文  |  简体中文  |  全文笔数/总笔数 : 57310/90913 (63%)
造访人次 : 13000049      在线人数 : 323
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜寻范围 查询小技巧:
  • 您可在西文检索词汇前后加上"双引号",以获取较精准的检索结果
  • 若欲以作者姓名搜寻,建议至进阶搜寻限定作者字段,可获得较完整数据
  • 进阶搜寻


    jsp.display-item.identifier=請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/118612


    题名: Essays on Investment in Health and Economic Development
    作者: Yang, Po-Chieh
    关键词: Social sciences;Education;fertility rate;health investment
    日期: 2018-07
    上传时间: 2020-04-16 12:10:42 (UTC+8)
    出版者: The State University of New York
    摘要: This dissertation includes two complementary works that theoretically and empirically examine the role of health on economic development and individual health investment. Previous literature has well documented the relationship between health, health investment, and economic growth. However, most of past studies have not convincingly overcome the causality issue. This thesis is attempting to overcome the challenge by focusing on the causal effect children’s health investment on economic development, and by establishing the distinct effect of health on investment in health as well as on the natural causal effect of investment in health on health accumulation.

    In the first essay, I develop a three-period overlapping generation model with endogenous longevity, fertility rate and educational investment on children to investigate the effect of health on economic development. My model suggests that health of children is a critical factor to economic development. The dynamic transition from a stagnant equilibrium to a growth equilibrium is linked by health of children and education. The model predicts that an economy with healthier children has higher educational and health investment in children and a lower fertility rate while moving towards a growth equilibrium. Using annual rainfall as an instrumental variable for health of children, the IV estimates show that the improvement of health of children under age 5 increases the 25 years forward growth rate of GDP per capita. However, the effect of life expectancy at 20 is negative. The IV estimates also indicate that the improvement of health of children increases educational investment but decreases size of population. The improvement of life expectancy at 20 only increases total population. The results show that the health at different ages have significantly different effects on economic development.

    In the second essay, I examine the effect of health on individuals' health investment. Attempts to model the relationship between health and health investment has resulted in two conflicting approaches: a constant return to scale health production in Grossman model and a decreasing return to scale health production in Ehrlich-Chuma model. Although past empirical studies on health generally support Grossman model, recent empirical studies show that the correlation between health and medical care spending is negative and support the predictions of Ehrlich-Chuma model. However, these more recent studies suffer from endogeneity bias and fail to prove the causal relationship between health and health investment. This essay investigates methods to solve the endogeneity challenge. Having accounted for these factors, this paper finds that healthier people have higher total medical care spending and number of hospital stays. Moreover, health investment depends on initial health and wealth endowments. The findings are thus in favor of the predictions of Ehrlich-Chuma model.
    显示于类别:[產業經濟學系暨研究所] 專書

    文件中的档案:

    档案 描述 大小格式浏览次数
    index.html0KbHTML39检视/开启
    index.html0KbHTML1检视/开启

    在機構典藏中所有的数据项都受到原著作权保护.

    TAIR相关文章

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回馈