Are Cardiovascular Diseases Bad for Economic Growth?

No 1845, CESifo Working Paper Series from CESifo

Abstract: We assess the impact of cardiovascular disease (CVD) mortality on economic growth, using a dynamic panel growth regression framework taking into account potential endogeneity problems. We start from a worldwide sample of countries for which data was available and detect a non-linearity in the influence of working age CVD mortality rates on growth across the per capita income scale. We then split the sample (according to the resulting income threshold) into low- and middle-income countries on one hand, and high-income countries on the other hand. In the latter sample we find a robust negative contribution of increasing CVD mortality rates on subsequent five-year growth rates. Not too surprisingly, we find no significant impact in the low- and middle-income country sample.

Keywords: cardiovascular disease; growth empirics; dynamic panel data estimator (search for similar items in EconPapers)
JEL-codes: I10 O47 (search for similar items in EconPapers)
Date: 2006
New Economics Papers: this item is included in nep-hea
References: Add references at CitEc
Citations: View citations in EconPapers (9)

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Journal Article: Are cardiovascular diseases bad for economic growth? (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_1845

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