Endogenous fertility in a growth model with public and private health expenditures
We build an overlapping-generations model that incorporates endogenous fertility choices, in addition to public and private expenditures on health. Following the seminal analysis of Bhattacharya and Qiao (J Econ Dyn Control 31:2519–2535, 2007) we assume that the effect of public health investmen...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Springer-Verlag
2013
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/68199/ http://irep.iium.edu.my/68199/1/intan%20and%20varvarigos2012.pdf |
| _version_ | 1848786899269844992 |
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| author | Varvarigos, Dimitrios Zakaria, Intan Zanariah |
| author_facet | Varvarigos, Dimitrios Zakaria, Intan Zanariah |
| author_sort | Varvarigos, Dimitrios |
| building | IIUM Repository |
| collection | Online Access |
| description | We build an overlapping-generations model that incorporates
endogenous fertility choices, in addition to public and private expenditures
on health. Following the seminal analysis of Bhattacharya and Qiao (J Econ
Dyn Control 31:2519–2535, 2007) we assume that the effect of public health
investment is complementary to private health expenditures. We find that this
effect reinforces the positive impact of the capital stock on aggregate saving.
Furthermore, we show that this complementarity can provide an additional
explanation behind a salient feature of demographic transition; that is, the
fertility decline along the process of economic growth. |
| first_indexed | 2025-11-14T17:16:22Z |
| format | Article |
| id | iium-68199 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T17:16:22Z |
| publishDate | 2013 |
| publisher | Springer-Verlag |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-681992019-04-05T03:19:09Z http://irep.iium.edu.my/68199/ Endogenous fertility in a growth model with public and private health expenditures Varvarigos, Dimitrios Zakaria, Intan Zanariah H Social Sciences (General) HB Economic Theory HB131 Methodology.Mathematical economics. Quantitative methods We build an overlapping-generations model that incorporates endogenous fertility choices, in addition to public and private expenditures on health. Following the seminal analysis of Bhattacharya and Qiao (J Econ Dyn Control 31:2519–2535, 2007) we assume that the effect of public health investment is complementary to private health expenditures. We find that this effect reinforces the positive impact of the capital stock on aggregate saving. Furthermore, we show that this complementarity can provide an additional explanation behind a salient feature of demographic transition; that is, the fertility decline along the process of economic growth. Springer-Verlag 2013 Article PeerReviewed application/pdf en http://irep.iium.edu.my/68199/1/intan%20and%20varvarigos2012.pdf Varvarigos, Dimitrios and Zakaria, Intan Zanariah (2013) Endogenous fertility in a growth model with public and private health expenditures. Journal of Population Economics, 26 (1). pp. 67-85. ISSN 0933-1433 E-ISSN 1432-1475 https://link.springer.com/article/10.1007/s00148-012-0412-1 10.1007/s00148-012-0412-1 |
| spellingShingle | H Social Sciences (General) HB Economic Theory HB131 Methodology.Mathematical economics. Quantitative methods Varvarigos, Dimitrios Zakaria, Intan Zanariah Endogenous fertility in a growth model with public and private health expenditures |
| title | Endogenous fertility in a growth model with public and private health expenditures |
| title_full | Endogenous fertility in a growth model with public and private health expenditures |
| title_fullStr | Endogenous fertility in a growth model with public and private health expenditures |
| title_full_unstemmed | Endogenous fertility in a growth model with public and private health expenditures |
| title_short | Endogenous fertility in a growth model with public and private health expenditures |
| title_sort | endogenous fertility in a growth model with public and private health expenditures |
| topic | H Social Sciences (General) HB Economic Theory HB131 Methodology.Mathematical economics. Quantitative methods |
| url | http://irep.iium.edu.my/68199/ http://irep.iium.edu.my/68199/ http://irep.iium.edu.my/68199/ http://irep.iium.edu.my/68199/1/intan%20and%20varvarigos2012.pdf |