Does the Relationship Between Mortality and the Business Cycle Vary by the Level of Economic Development? Evidence from Mexico

31 Pages Posted: 29 Oct 2009 Last revised: 27 Jan 2011

See all articles by Fidel Gonzalez

Fidel Gonzalez

Sam Houston State University - College of Business Administration - Department of Economics and International Business

Troy C. Quast

University of South Florida

Date Written: October 28, 2009

Abstract

We investigate the relationship between mortality and business cycles within Mexico, where development varies significantly. We exploit this variation by separately analyzing the top ten and bottom ten developed states. We find that while mortality is procyclical nationally and in the top ten states, it is countercyclical in the bottom ten. Further, we show that in the top ten states mortality due to noncommunicable conditions is procyclical, while in the bottom ten mortality due to noncommunicable conditions and infectious and parasitic diseases is countercyclical. This suggests that the relationship between mortality and business cycles may vary by level of development.

Keywords: mortality, business cycles, development

JEL Classification: I1

Suggested Citation

Gonzalez, Fidel and Quast, Troy C., Does the Relationship Between Mortality and the Business Cycle Vary by the Level of Economic Development? Evidence from Mexico (October 28, 2009). Available at SSRN: https://ssrn.com/abstract=1495935 or http://dx.doi.org/10.2139/ssrn.1495935

Fidel Gonzalez

Sam Houston State University - College of Business Administration - Department of Economics and International Business ( email )

Huntsville, TX 77341-2118
United States

Troy C. Quast (Contact Author)

University of South Florida ( email )

12901 Bruce B. Downs Blvd.
Tampa, FL 33620
United States

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