Does higher longevity harm economic growth?

This study contributes to economic growth literature by providing new evidence on the relationship between life expectancy and economic growth utilising the recently developed dynamic panel threshold estimator. The sample of this study contains a total of 112 developed and developing countries cover...

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Main Authors: Sirag, Abdalla, Mohamed Nor, Norashidah, Law, Siong Hook
Format: Article
Language:English
Published: Association of Economists of Vojvodina 2020
Online Access:http://psasir.upm.edu.my/id/eprint/88512/
http://psasir.upm.edu.my/id/eprint/88512/1/ABSTRACT.pdf
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author Sirag, Abdalla
Mohamed Nor, Norashidah
Law, Siong Hook
author_facet Sirag, Abdalla
Mohamed Nor, Norashidah
Law, Siong Hook
author_sort Sirag, Abdalla
building UPM Institutional Repository
collection Online Access
description This study contributes to economic growth literature by providing new evidence on the relationship between life expectancy and economic growth utilising the recently developed dynamic panel threshold estimator. The sample of this study contains a total of 112 developed and developing countries covering the period from 1981 to 2010. The findings indicate the existence of a non-linear relationship between life expectancy and economic growth. In particular, life expectancy is useful for economic growth but only up to a certain threshold level; any further increase in longevity above the threshold would adversely affect growth. These findings emphasise the role of demographic transition in explaining the relationship between health and economic growth.
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spelling upm-885122021-12-27T03:27:24Z http://psasir.upm.edu.my/id/eprint/88512/ Does higher longevity harm economic growth? Sirag, Abdalla Mohamed Nor, Norashidah Law, Siong Hook This study contributes to economic growth literature by providing new evidence on the relationship between life expectancy and economic growth utilising the recently developed dynamic panel threshold estimator. The sample of this study contains a total of 112 developed and developing countries covering the period from 1981 to 2010. The findings indicate the existence of a non-linear relationship between life expectancy and economic growth. In particular, life expectancy is useful for economic growth but only up to a certain threshold level; any further increase in longevity above the threshold would adversely affect growth. These findings emphasise the role of demographic transition in explaining the relationship between health and economic growth. Association of Economists of Vojvodina 2020 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/88512/1/ABSTRACT.pdf Sirag, Abdalla and Mohamed Nor, Norashidah and Law, Siong Hook (2020) Does higher longevity harm economic growth? Panoeconomicus, 67 (1). 51 - 68. ISSN 1452-595X; ESSN: 2217-2386 https://panoeconomicus.org/index.php/jorunal/article/view/915 10.2298/PAN150816015S
spellingShingle Sirag, Abdalla
Mohamed Nor, Norashidah
Law, Siong Hook
Does higher longevity harm economic growth?
title Does higher longevity harm economic growth?
title_full Does higher longevity harm economic growth?
title_fullStr Does higher longevity harm economic growth?
title_full_unstemmed Does higher longevity harm economic growth?
title_short Does higher longevity harm economic growth?
title_sort does higher longevity harm economic growth?
url http://psasir.upm.edu.my/id/eprint/88512/
http://psasir.upm.edu.my/id/eprint/88512/
http://psasir.upm.edu.my/id/eprint/88512/
http://psasir.upm.edu.my/id/eprint/88512/1/ABSTRACT.pdf