2020
DOI: 10.47577/tssj.v8i1.707
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Health Human Capital Investment and Economic Growth

Abstract: Economic growth depends on factor inputs, and health human capital investment is a very important factor input. We set up a three-period overlapping generation model of personal health investment and government public health investment in the formation of physical capital and human capital and its impact on economic growth. Our findings show that health human capital investment can increase economic growth. We also conducted empirical research on the relationship between health human capital investment and eco… Show more

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Cited by 4 publications
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“…Hence, health has a direct and positive utility function of employee welfare. The theory also suggests that health is human capital (Zheng and Lu, 2020). With good health, employees will have more sick free days, therefore, available for work.…”
Section: Methodsmentioning
confidence: 99%
“…Hence, health has a direct and positive utility function of employee welfare. The theory also suggests that health is human capital (Zheng and Lu, 2020). With good health, employees will have more sick free days, therefore, available for work.…”
Section: Methodsmentioning
confidence: 99%