Health, education and the dynamics of cross-country productivity differences
KUMAR, Alok
Health, education and the dynamics of cross-country productivity differences - Applied Economics Letters Volume , number , .
In this article, we study the impact of health and education on the growth rate of total factor productivity (TFP) in a sample of 97 countries for the period 1960 to 2005. We find that both health and education have a positive and significant effect on GRTFP. The result that health has a positive effect on GRTFP is new to the literature. The result suggests that in designing policies which facilitate technology diffusion we need to broaden the concept of human capital to include health.
augemented solow growth model
productivity
TFP growth
Health, education and the dynamics of cross-country productivity differences - Applied Economics Letters Volume , number , .
In this article, we study the impact of health and education on the growth rate of total factor productivity (TFP) in a sample of 97 countries for the period 1960 to 2005. We find that both health and education have a positive and significant effect on GRTFP. The result that health has a positive effect on GRTFP is new to the literature. The result suggests that in designing policies which facilitate technology diffusion we need to broaden the concept of human capital to include health.
augemented solow growth model
productivity
TFP growth