The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Population Health, Economic Implications of

  • David Canning
  • David E. Bloom
Reference work entry


Population health is not only a consequence but also a cause of a high level of income. Healthier people are more productive in work. Healthy children have better school attendance and cognitive development, while longer prospective working lifespans encourage investments in education. Longer lifespans can also increase saving and wealth accumulation as an extended retirement becomes more likely. The beneficial effects of population health can be seen both at the individual and macroeconomic levels, while the continuing high burden of disease in sub-Saharan Africa poses a substantial challenge to its economic development.


Age structure Black Death Cognitive ability Demographic transition Dependency Economic growth Education Family planning Fertility Foreign direct investment Health Health policy HIV/AIDS Human capital Income Instrumental variables Investment Labour productivity Labour supply Learning Life expectancy Morbidity Mortality Population growth Population health Retirement Savings School attendance Social security Value of life Well-being 

JEL Classification

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© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • David Canning
    • 1
  • David E. Bloom
    • 1
  1. 1.