On the Relation Between Health and Income: A Cross-Country Analysis

Katarina Kobylinski; Joanna Tyrowicz

doi:10.1515/ceej-2018-0020

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On the Relation Between Health and Income: A Cross-Country Analysis

Central European Economic Journal

Volume 5 (2018): Issue 52 (January 2018)

By: Katarina Kobylinski and Joanna Tyrowicz

Open Access

|Aug 2019

Abstract

An examination of the correlation between health and wealth cannot determine the direction of causality between the two. Countries’ geographic characteristics have an important effect on health, and they are plausibly uncorrelated with other determinants of wealth. This paper uses two climate variables – population-weighted temperature and precipitation – to obtain instrumental variables estimates of the effect of health on wealth.

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Articles in this issue

DOI: https://doi.org/10.1515/ceej-2018-0020 | Journal eISSN: 2543-6821 | Journal ISSN: 2544-9001

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Language: English

Page range: 230 - 243

Published on: Aug 28, 2019

Published by: Faculty of Economic Sciences, University of Warsaw

In partnership with: Paradigm Publishing Services

Publication frequency: 1 issue per year

Keywords:

Health,

wealth,

causality

Related subjects:

Business and economics,

Political economics,

Economic theory, systems and structures,

Microeconomics,

Macroeconomics,

Economic policy

© 2019 Katarina Kobylinski, Joanna Tyrowicz, published by Faculty of Economic Sciences, University of Warsaw
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Volume 5 (2018): Issue 52 (January 2018)