Elsevier

Economics Letters

Volume 48, Issue 1, April 1995, Pages 99-106
Economics Letters

Health capital and cross-country variation in income per capita in the Mankiw-Romer-Weil model

https://doi.org/10.1016/0165-1765(94)00577-OGet rights and content

Abstract

This paper examines the effects of incorporating a proxy for health capital in Mankiw, Romer and Weil's empirical growth model. Results suggest a stronger and more robust relationship between income per capita and health capital, than between income per capita and educational human capital.

References (18)

There are more references available in the full text version of this article.

Cited by (181)

  • Social progress, business formation, and access to investment capital

    2022, Emerging Markets Review
    Citation Excerpt :

    Of course, education and health are most likely correlated, leading several researchers to try to disentangle their effects, albeit with mixed results. For example, Knowles and Owen (1995) and McDonald and Roberts (2002) incorporate life expectancy in the growth model used by Mankiw et al. (1992) and find that health dominates education when it comes to economic development. However, Webber (2002) and Ram (2007) conclude the opposite after further extending the model of Mankiw et al. (1992).

View all citing articles on Scopus
View full text