Abstract
This article explores the interaction between aggregate initial human capital, life expectancy and domestic investment. The article introduces a simple model that predicts that the positive effect of life expectancy on the domestic investment rate is mitigated in economies with a higher level of initial human capital. Using a large panel of countries over the past five decades, the article presents empirical evidence consistent with the main prediction of the model.
| Original language | English |
|---|---|
| Pages (from-to) | 1547-1553 |
| Number of pages | 7 |
| Journal | Economics Bulletin |
| Volume | 38 |
| Issue number | 3 |
| State | Published - 2018 |
| Externally published | Yes |
Bibliographical note
Publisher Copyright:© 2018, Economics Bulletin.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 3 Good Health and Well-being
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