On the Relation Between Health and Income: A Cross-Country Analysis
On the Relation Between Health and Income: A Cross-Country Analysis
Author(s): Katarina Kobylinski, Joanna TyrowiczSubject(s): Health and medicine and law, Socio-Economic Research
Published by: Wydawnictwa Uniwersytetu Warszawskiego
Keywords: Health; wealth; causality;
Summary/Abstract: An examination of the correlation between health and wealth cannot determine the direction of causality between the two. Countries’ geographic characteristics have an important effect on health, and they are plausibly uncorrelated with other determinants of wealth. This paper uses two climate variables – population-weighted temperature and precipitation – to obtain instrumental variables estimates of the effect of health on wealth.
Journal: Central European Economic Journal
- Issue Year: 5/2018
- Issue No: 52
- Page Range: 230-243
- Page Count: 14
- Language: English