<abstract xmlns="http://www.w3.org/1999/xhtml"><p>An examination of the correlation between health and wealth cannot determine the direction of causality between the two. Countries’ geographic characteristics have an important effect on health, and they are plausibly uncorrelated with other determinants of wealth. This paper uses two climate variables – population-weighted temperature and precipitation – to obtain instrumental variables estimates of the effect of health on wealth.</p></abstract>

An examination of the correlation between health and wealth cannot determine the direction of causality between the two. Countries’ geographic characteristics have an important effect on health, and they are plausibly uncorrelated with other determinants of wealth. This paper uses two climate variables – population-weighted temperature and precipitation – to obtain instrumental variables estimates of the effect of health on wealth.

On the Relation Between Health and Income: A Cross-Country Analysis

Central European Economic Journal

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

{"article-title":"On the Relation Between Health and Income: A Cross-Country Analysis"}

An examination of the correlation between health and wealth cannot determine the direction of causality between the two. Countries’ geographic characteristics...

On the Relation Between Health and Income: A Cross-Country Analysis

Pubblicato online: 28 ago 2019

Pagine: 230 - 243

DOI: https://doi.org/10.1515/ceej-2018-0020

Parole chiave
Health, wealth, causality

© 2018 K. Kobylinski, J. Tyrowicz, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

On the Relation Between Health and Income: A Cross-Country Analysis

Pubblicato online: 28 ago 2019

Pagine: 230 - 243

DOI: https://doi.org/10.1515/ceej-2018-0020

Parole chiaveHealth, wealth, causality

© 2018 K. Kobylinski, J. Tyrowicz, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Parole chiave
Health, wealth, causality