Are cardiovascular diseases bad for economic growth?
We assess the impact of cardiovascular disease (CVD) mortality on economic growth, using a dynamic panel growth regression framework taking into account potential endogeneity problems. In the worldwide sample we detect a non-linear influence of working age CVD mortality rates on growth across the per capita income scale. Splitting the sample (according to the resulting income threshold) into low- and middle-income countries, and high-income countries, we find a robust negative contribution of increasing CVD mortality rates on subsequent five-year growth rates in the latter sample. Not too surprisingly, we find no significant impact in the low- and middle-income country sample.
Suhrcke
Marc
M
University of East Anglia, School of Medicine, Health Policy and Practice, Norwich, UK.
Urban
Dieter
D
D000367:Age Factors; D002318:Cardiovascular Diseases / Q000191:economics*; D002423:Cause of Death; D057217:Economic Development; D004651:Employment; D006801:Humans; D012044:Regression Analysis