Spurring Economic Growth through Human Development
Research Results and Guidance for Policymakers
Bibliographic Data
| ID | 4121200 |
|---|---|
| Authors | David E Bloom (0000-0003-3731-3345, Harvard University), Alexander Khoury (Harvard University), Alex Khoury, Vadim Kufenko (0000-0003-4927-8815, University of Hohenheim), Klaus Prettner (0000-0002-8971-8750) |
| Year | 2021 |
| Volume | 47 |
| Issue | 2 |
| Pages | 377-409 |
| Publication date | 2021-06-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Population and Development Review (JOURNAL) |
| Journal identifiers | ISSN: 0098-7921 • E-ISSN: 1728-4457 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/padr.12389 |
| OpenAlex | W3140705719 |
| Language | EN |
| Citations received | 4 |
| References cited | 118 |
Education, general health, and reproductive health are key indicators of human development. Investments in these domains can also promote economic growth. This paper argues for human development-related investments based on (1) a theoretical economic growth model with poverty traps, (2) a literature review of evidence that different human development-related investments can promote growth, and (3) own empirical analyses of 1980-2015 data that aim to estimate the relative contribution of different human development indicators to economic growth across heterogeneous growth regimes. Our results suggest the following associations: (1) a one-child decrease in the total fertility rate corresponds to a 2 percentage point (pp) increase in annual per capita gross domestic product (GDP) growth in the short run (five years) and 0.5 pp higher annual growth in the mid-run to long run (35 years), (2) a 10 percent increase in life expectancy at birth corresponds to a 1 pp increase in annual per capita GDP growth in the short run and 0.4 pp higher growth in the mid-run to long run, and (3) a one-year increase in average educational attainment corresponds to a 0.7 pp increase in annual growth in the short run and 0.3 pp higher growth in the mid-run to long run. By contrast, infrastructure proxies are not significantly associated with subsequent growth in any of the models estimated
Demographic economics · Development economics · Economic growth · Economics · Human capital · Human development (humanity · Life expectancy · Per capita · Per capita income · Population · Poverty · Demography · Fiscal Policy and Economic Growth · Income, Poverty, and Inequality · Poverty, Education, and Child Welfare
Comparable Estimates of Returns to Schooling around the World
The Knowledge Capital of Nations
Unified Growth Theory
New Introduction to Multiple Time Series Analysis
Chapter 8 Growth Econometrics
Returns to investment in education
Sample Splitting and Threshold Estimation
Determinants of Long-Term Growth
Health, Human Capital, and Development
On the Evolution of the Firm Size Distribution
Schooling, Labor-Force Quality, and the Growth of Nations
The Demography of Educational Attainment and Economic Growth
Income Distribution and Macroeconomics
Low Schooling for Girls, Slower Growth for All? Cross-Country Evidence on the Effect of Gender Inequality in Education on Economic Development
Human Capital and Regional Development
Equipment Investment and Economic Growth
Chapter 5 Poverty Traps
Human Capital Formation, Life Expectancy, and the Process of Development
The Health and Wealth of Nations
Economic growth in developing countries
Human Capital in Growth Regressions
Malaria Eradication in the Americas
Human Capital and Growth
Returns to investment in education
Accounting for the Effect Of Health on Economic Growth
Death and development
Life expectancy and economic growth
Tests for Specification Errors in Classical Linear Least-Squares Regression Analysis
Demographic Transitions and Economic Miracles in Emerging Asia
Education for Growth
Does Schooling Cause Growth?
Worms
Population, Technology, and Growth
Multiple regimes and cross‐country growth behaviour
Do better schools lead to more growth? Cognitive skills, economic outcomes, and causation
On the mechanics of economic development
Threshold effects in non-dynamic panels
The Next Generation of the Penn World Table
Initial conditions and moment restrictions in dynamic panel data models
Economic Growth in a Cross Section of Countries
The Demographic Dividend
Freedom in the World
Inequality and Growth
Chronic Disease Burden and the Interaction of Education, Fertility, and Growth
Do High Birth Rates Hamper Economic Growth
Growth and human capital
The demographic transition revisited as a global process
Endogenous education and the reversal in the relationship between fertility and economic growth
Evolution of recent economic-demographic modeling
The role of fertility and population in economic growth
Be fruitful or multiply
Population aging and endogenous economic growth
The Effect of Health on Economic Growth
The Costs of Missing the Millennium Development Goal on Gender Equity
A new data set of educational attainment in the world, 1950–2010
Mortality decline, human capital investment, and economic growth
The welfare implications of public healthcare financing
Fertility, Human Capital, and Economic Growth over the Demographic Transition
Is the Demographic Dividend an Education Dividend
Government Spending in a Simple Model of Endogeneous Growth
Industrialization and the Big Push
Human Capital, Fertility, and Economic Growth
The Production of Human Capital and the Life Cycle of Earnings
Disease and Development Revisited
Gender Roles and Medical Progress
Endogenous Technological Change
Impact of Demographic Dividend on Economic Growth
The contribution of female health to economic development
Twin Peaks
A Contribution to the Theory of Economic Growth
Demographic change, social security systems, and savings
Geography, Demography, and Economic Growth in Africa
Why do Some Countries Produce So Much More Output Per Worker than Others
Returns to investment in education
Education and Health
The Effect of Fertility Reduction on Economic Growth
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,8 |
| Citation span | 2021 - 2026 (6) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 4 |