Shankha Chakraborty
Health cycles and health transitions
Chakraborty, Shankha; Papageorgiou, Chris; Perez Sebastian, Fidel
Authors
Chris Papageorgiou
Fidel Perez Sebastian
Abstract
We study the dynamics of poverty and health in a model of endogenous growth and rational health behavior. Population health depends on the prevalence of infectious diseases that can be avoided through costly prevention. The incentive to do so comes from the negative effects of ill health on the quality and quantity of life. The model can generate a poverty trap where infectious diseases cycle between high and low prevalence. These cycles originate from the rationality of preventive behavior in contrast to the predator-prey dynamics of epidemiological models. We calibrate the model to reflect sub-Saharan Africa's recent economic recovery and analyze policy alternatives. Unconditional transfers are found to improve welfare relative to conditional health-based transfers: at low income levels, income growth (quality of life) is valued more than improvements to health (quantity of life).
Citation
Chakraborty, S., Papageorgiou, C., & Perez Sebastian, F. (2016). Health cycles and health transitions. Macroeconomic dynamics, 20(1), 189-213. https://doi.org/10.1017/S1365100514000297
Journal Article Type | Conference Paper |
---|---|
Acceptance Date | Feb 4, 2014 |
Online Publication Date | Jun 4, 2014 |
Publication Date | 2016 |
Deposit Date | Feb 3, 2016 |
Publicly Available Date | Oct 27, 2022 |
Journal | Macroeconomic dynamics |
Print ISSN | 1365-1005 |
Electronic ISSN | 1469-8056 |
Publisher | Cambridge University Press |
Peer Reviewed | Peer Reviewed |
Volume | 20 |
Issue | 1 |
Pages | 189-213 |
DOI | https://doi.org/10.1017/S1365100514000297 |
Keywords | Cycles, Infectious disease, Economic epidemiology, Morbidity, Mortality, Conditional transfers, Unconditional transfers |
Public URL | https://hull-repository.worktribe.com/output/384723 |
Publisher URL | http://journals.cambridge.org/action/displayAbstract?fromPage=online&aid=10090711&fileId=S1365100514000297 |
Additional Information | Author's accepted manuscript of article published in: Macroeconomic dynamics, 2016, v.20, issue 1. |
Files
Article.pdf
(638 Kb)
PDF
Copyright Statement
©2016 University of Hull
You might also like
Oil discoveries and protectionism: Role of news effects
(2021)
Journal Article
Capital-skill complementarity and biased technical change across US sectors
(2020)
Journal Article
The role of ethnic characteristics in the effect of income shocks on African conflict
(2020)
Journal Article
Federal tax policies, congressional voting and natural resources
(2019)
Journal Article