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Journal Articles International Journal of Ecology Year : 2007

On the Relationship Between Longevity and Developement

Abstract

We study the relationship between economic growth and longevity in a model with a realistic demographic structure and with endogenous growth. In contrast to the early contributions in the field, the engine of growth is physical capital accumulation. The results extracted from the analysis of steady state growth paths, tend to show that despite the decreasing pattern of savings over lifetime, a larger life expectancy is always associated with a rising economic growth. This is disappointing regarding the related empirical literature. Nonetheless, we have also shown that though the growth rate is a monotonic function of life expectancy, its first-order derivative is non-monotonic, reflecting the growth enhancing effect of longevity at low levels of development and longevity.

Dates and versions

hal-00278959 , version 1 (14-05-2008)

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Raouf Boucekkine, Bity Diene, Theophile Azomahou. On the Relationship Between Longevity and Developement. International Journal of Ecology, 2007, 6, pp.31-50. ⟨10.1186/s41118-019-0071-0⟩. ⟨hal-00278959⟩
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