On the Relation Between Health and Income: A Cross-Country Analysis

Abstracts

EN

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.

Keywords

EN

Health; wealth; causality

• Publisher: Uniwersytet Warszawski. Wydawnictwo Naukowe Wydziału Zarządzania
• Journal: Central European Economic Journal
• Year: 2018
• Volume: 5
• Issue: 52

Dates

published

2019-08-28

Contributors

other

Katarina Kobylinski

• Faculty of Management, University of Warsaw Warsaw, Poland
• Group for Research in Applied Economics (GRAPE), FAME
• IZA Institute of Labor Economics, Deutsche Post Foundation

other

Joanna Tyrowicz

• Center for Economic Research and Graduate Education - Economics Institute, Charles University in Prague Prague, Czechia

Identifiers

DOI

10.1515/ceej-2018-0020