ISSN (print) - 0131-7652

ISSN (online) - 2686-7605

Vol. 49 No. 6 (2019)
Тема номера: Болевой синдром

Medical Investment, Life Expectancy and Economic Growth

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  • A. Erahtina
A. Erahtina
IEIE SB RAS; NSU
Bio
DOI: https://doi.org/10.30680/ECO0131-7652-2019-6-8-25

Published 2019-06-05

Keywords

  • medical innovation,
  • life expectancy,
  • economic growth,
  • Health Economics

How to Cite

1.
Erahtina А. Medical Investment, Life Expectancy and Economic Growth. ECO [Internet]. 2019 Jun. 5 [cited 2024 Jul. 30];49(6):8-25. Available from: https://ecotrends.ru/index.php/eco/article/view/3812

Abstract

Life expectancy at birth almost doubled during the last three centuries, in all geographical and demographical parts of the world. Such indicators as life expectancy and death rates, reviewed and examined in the article, are considered to be the most important components in overall human economic development. The article is devoted to long-term analysis of longevity significance, along with the role of investment in healthcare and close-related medical innovation in declining mortality, and, finally, to the overall economic growth, conditional on these factors. Firstly, the article provides analysis of factors, forming current patterns of life expectancy trends all over the world for several centuries. Next, there is a discussion concerning features of investment activity and innovation implementation in healthcare, with the latter being the main factors increasing the share of healthcare industry in GDP. Finally, the article includes analysis of impact of all the aforementioned relations on economic growth.
PDF (Русский)

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