Open Access
Subscription or Fee Access
On the Relationship between Longevity and Development
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.
Disclaimer/Regarding indexing issue:
We have provided the online access of all issues and papers to the indexing agencies (as given on journal web site). It’s depend on indexing agencies when, how and what manner they can index or not. Hence, we like to inform that on the basis of earlier indexing, we can’t predict the today or future indexing policy of third party (i.e. indexing agencies) as they have right to discontinue any journal at any time without prior information to the journal. So, please neither sends any question nor expects any answer from us on the behalf of third party i.e. indexing agencies.Hence, we will not issue any certificate or letter for indexing issue. Our role is just to provide the online access to them. So we do properly this and one can visit indexing agencies website to get the authentic information. Also: DOI is paid service which provided by a third party. We never mentioned that we go for this for our any journal. However, journal have no objection if author go directly for this paid DOI service.