Are Cardiovascular Diseases Bad for Economic Growth?

33 Pages Posted: 5 Dec 2006

See all articles by Marc Suhrcke

Marc Suhrcke

World Health Organization - European Office for Investment & Development

Dieter M. Urban

Johannes Gutenberg University of Mainz - Institute for International Economic Theory; CESifo (Center for Economic Studies and Ifo Institute)

Date Written: November 2006

Abstract

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. We start from a worldwide sample of countries for which data was available and detect a non-linearity in the influence of working age CVD mortality rates on growth across the per capita income scale. We then split the sample (according to the resulting income threshold) into low- and middle-income countries on one hand, and high-income countries on the other hand. In the latter sample we find a robust negative contribution of increasing CVD mortality rates on subsequent five-year growth rates. Not too surprisingly, we find no significant impact in the low- and middle-income country sample.

Keywords: cardiovascular disease, growth empirics, dynamic panel data estimator

JEL Classification: I10, O47

Suggested Citation

Suhrcke, Marc and Urban, Dieter M., Are Cardiovascular Diseases Bad for Economic Growth? (November 2006). CESifo Working Paper No. 1845. Available at SSRN: https://ssrn.com/abstract=949412

Marc Suhrcke

World Health Organization - European Office for Investment & Development ( email )

Campo Santo Stefano
San Marco 2847
30124 Venice
Italy

Dieter M. Urban (Contact Author)

Johannes Gutenberg University of Mainz - Institute for International Economic Theory ( email )

D 55099 Mainz
Germany

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, DE-81679
Germany

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
208
Abstract Views
1,351
rank
151,809
PlumX Metrics