population health, economic implications of

David Canning and David E. Bloom
From The New Palgrave Dictionary of Economics, Second Edition, 2008
Edited by Steven N. Durlauf and Lawrence E. Blume
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Abstract

Population health is not only a consequence but also a cause of a high level of income. Healthier people are more productive in work. Healthy children have better school attendance and cognitive development, while longer prospective working lifespans encourage investments in education. Longer lifespans can also increase saving and wealth accumulation as an extended retirement becomes more likely. The beneficial effects of population health can be seen both at the individual and macroeconomic levels, while the continuing high burden of disease in sub-Saharan Africa poses a substantial challenge to its economic development.
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How to cite this article

Canning, David and David E. Bloom. "population health, economic implications of." The New Palgrave Dictionary of Economics. Second Edition. Eds. Steven N. Durlauf and Lawrence E. Blume. Palgrave Macmillan, 2008. The New Palgrave Dictionary of Economics Online. Palgrave Macmillan. 16 April 2014 <http://www.dictionaryofeconomics.com/article?id=pde2008_E000259> doi:10.1057/9780230226203.1310

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