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dc.contributor.authorSwift, Robynen_US
dc.date.accessioned2017-04-24T09:55:52Z
dc.date.available2017-04-24T09:55:52Z
dc.date.issued2011en_US
dc.date.modified2013-05-29T04:17:50Z
dc.identifier.issn10579230en_US
dc.identifier.doi10.1002/hec.1590en_US
dc.identifier.urihttp://hdl.handle.net/10072/35716
dc.description.abstractThis paper uses Johansen multivariate cointegration analysis to examine the relationship between health and GDP for 13 OECD countries over the last two centuries, for periods ranging from 1820-2001 to 1921-2001. A similar, long run, cointegrating relationship between life expectancy and both total GDP and GDP per capita was found for all the countries estimated. The relationships have a significant influence on both total GDP and GPD per capita in most of the countries estimated, with 1% increase in life expectancy resulting in an average 6% increase in total GDP in the long run, and 5% increase in GDP per capita. Total GDP and GDP per capita also have a significant influence on life expectancy for most countries. There is no evidence of changes in the relationships for any country over the periods estimated, indicating that shifts in the major causes of illness and death over time do not appear to have influenced the link between health and economic growth.en_US
dc.description.peerreviewedYesen_US
dc.description.publicationstatusYesen_US
dc.format.extent238145 bytes
dc.format.mimetypeapplication/pdf
dc.languageEnglishen_US
dc.language.isoen_US
dc.publisherJohn Wiley & Sonsen_US
dc.publisher.placeUnited Kingdomen_US
dc.relation.ispartofstudentpublicationNen_US
dc.relation.ispartofpagefrom306en_US
dc.relation.ispartofpageto322en_US
dc.relation.ispartofissue3en_US
dc.relation.ispartofjournalHealth Economicsen_US
dc.relation.ispartofvolume20en_US
dc.rights.retentionYen_US
dc.subject.fieldofresearchEconomic Development and Growthen_US
dc.subject.fieldofresearchcode140202en_US
dc.titleThe relationship between health and GDP in OECD countries in the very long runen_US
dc.typeJournal articleen_US
dc.type.descriptionC1 - Peer Reviewed (HERDC)en_US
dc.type.codeC - Journal Articlesen_US
gro.facultyGriffith Business School, Department of Accounting, Finance and Economicsen_US
gro.rights.copyrightCopyright 2010 John Wiley & Sons, Ltd. This is the pre-peer reviewed version of the following article: The relationship between health and GDP in OECD countries in the very long run, Health Economics, Vol.20, 3, 2010, pp.306-322, which has been published in final form at http://dx.doi.org/10.1002/hec.1590.en_US
gro.date.issued2011
gro.hasfulltextFull Text


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