Human capital accumulation, income protection insurance and poverty reduction in the least developed countries

Liu, Weiguang

doi:10.1111/1467-8454.12208

Cited by 5 publications

(1 citation statement)

References 12 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…O’Campo et al (2004) showed that the increase in unemployment insurance keeps households from experiencing extreme material poverty [ 37 ]. Liu (2021) also showed that income protection insurance helps the economy escape from poverty when the insurance coverage is at an optimal level [ 33 ]. In line with this, our results indicate that health insurance is a significant determinant of poverty alleviation, and is therefore a major tool available to policy-makers.…”

Section: Discussionmentioning

confidence: 99%

Endogenous health risks, poverty traps, and the roles of health insurance in poverty alleviation

Liao

Zhang

2022

Health Econ Rev

View full text Add to dashboard Cite

Background Family education investment is a key factor in reducing intergenerational transmission of poverty. At the price of higher health risk, the poor may overdraw their bodies to earn more money to invest in education. This study investigates the effect of physical overdraft, health risks and health insurance on poverty and economic growth. Methods This paper proposes an economic development model of endogenous health risks and poverty by setting up a physical overdraft decision. Furthermore, we introduce mutual health insurance mechanism to analyze its poverty alleviation effects. Results First, this study shows that health risks weaken the economy and are among the leading causes of poverty. Second, mutual health insurance can alleviate, but not completely eliminate, the negative impact of health risks on the economy. Third, appropriate health insurance arrangements can lift some or even all poor households out of poverty. Conclusion Health risks have a significant effect on poverty. Furthermore, health insurance mechanisms have the advantages of transferring health risks, reducing poverty and improving health equity.

show abstract

Section: Discussionmentioning

confidence: 99%