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Published on: January 7, 2013
Mortality, morbidity and economic growth.
Lorenzo Rocco1, Elena Fumagalli2, Andrew J Mirelman3
1Department of Economics and Management, University of Padova (Italy), IZA, Bonn, Germany.
Improving population health, by reducing mortality and disability, positively impacts economic growth. This study confirms a moderate, significant link between better health outcomes and increased per capita GDP.
Area of Science:
- Health Economics
- Development Economics
- Public Health
Background:
- The relationship between population health and economic growth is a key area of research, with existing studies yielding inconsistent findings.
- Previous research often focused solely on mortality, neglecting the impact of morbidity on economic development.
Purpose of the Study:
- To reassess and extend influential studies on health and economic growth using updated data and broader country coverage.
- To investigate the impact of both mortality and morbidity on per capita GDP growth.
- To provide bounding set estimates for a more robust analysis.
Main Methods:
- Analysis of data from 135 countries between 1990 and 2014.
- Inclusion of morbidity alongside mortality, using disability-adjusted life years (DALYs).
- Employing bounding set strategies instead of point estimates to define the range of effects.
Main Results:
- Reductions in mortality rates are found to promote per capita GDP growth.
- Decreases in disability-adjusted life years (DALYs) also positively correlate with economic growth.
- The magnitude of the health impact on GDP growth is moderate but statistically significant and consistent for both mortality and DALYs.
Conclusions:
- Improving population health, encompassing both longevity and reduced disability, is a significant driver of economic growth.
- Policy interventions aimed at enhancing health outcomes can yield tangible economic benefits.
- The study provides updated, robust evidence supporting the health-economic growth nexus.
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