Death and development / Peter Lorentzen, John McMillan, Romain Wacziarg
- Lorentzen, Peter Lombard
- Cambridge, Mass. : National Bureau of Economic Research, 
- Copyright Date:
- Physical Description:
- 65 pages, 5 unnumbered pages : illustrations ; 22 cm.
- Additional Creators:
- McMillan, John, 1951-2007, Wacziarg, Romain, and National Bureau of Economic Research
- NBER working paper series ; working paper 11620
- "Analyzing a variety of cross-national and sub-national data, we argue that high adult mortality reduces economic growth by shortening time horizons. Higher adult mortality is associated with increased levels of risky behavior, higher fertility, and lower investment in physical and human capital. Furthermore, the feedback effect from economic prosperity to better health care implies that mortality could be the source of a poverty trap. In our regressions, adult mortality explains almost all of Africa's growth tragedy. Our analysis also underscores grim forecasts of the long-run economic costs of the ongoing AIDS epidemic"--National Bureau of Economic Research web site.
- "September 2005."
- Bibliography Note:
- Includes bibliographical references (pages 39-44).
- Other Forms:
- Also available in PDF from the NBER world wide web site (www.nber.org).
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