Public and Private Returns to Investing in Nutrition

In Oxford Handbook of Economics and Human Biology, edited by John Komlos, Oxford: Oxford University Press, 2015

Posted: 4 Feb 2015 Last revised: 18 Nov 2015

See all articles by Harold Alderman

Harold Alderman

International Food Policy Research Institute (IFPRI)

David E. Sahn

Cornell University

Date Written: January 1, 2015

Abstract

Although nutrition contributes to welfare in and of itself, it also contributes to individual economic productivity, as well as national income growth. The argument that improving nutrition is an investment on par with other productivity-enhancing expenditures rather than simply a form of government social spending designed to improve welfare and equity is hardly new (Leibenstein 1957; Berg and Muscat 1972). There is now extensive data to substantiate this point. This review recapitulates some recent evidence brought to this argument by economists.

Suggested Citation

Alderman, Harold and Sahn, David E., Public and Private Returns to Investing in Nutrition (January 1, 2015). In Oxford Handbook of Economics and Human Biology, edited by John Komlos, Oxford: Oxford University Press, 2015, Available at SSRN: https://ssrn.com/abstract=2559862

Harold Alderman

International Food Policy Research Institute (IFPRI) ( email )

1201 Eye St, NW,
Washington, DC 20005
United States

David E. Sahn (Contact Author)

Cornell University ( email )

B16 MVR Hall
Ithaca, NY 14853
United States
607-255-8931 (Phone)
607-255-0178 (Fax)

HOME PAGE: http://courses.cit.cornell.edu/des16

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