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In this paper, werigorously reinvestigate the effects of childhood mortality decline duringdifferent periods on human capital accumulation and economic development. Forthis purpose, we extend the basic framework of Azarnert 2006 by dividingchildhood among three periods—early childhood the period prior to schoolenrolment, school age the school-enrolment period, and late childhood the periodposterior to school enrolment—and assume a constant mortality rate for eachperiod. We arrive at the following conclusions. The mortality decline afterschool age promotes human capital accumulation and economic development. Themortality decline after early childhood impedes human capital accumulation andeconomic development, but has no effect on the same after late childhood.

KEYWORDS

Human Capital Accumulation, Timing of Mortality Decline, Economic Development

Cite this paper

Hirota, Y. 2016 The Timing of Mortality Decline and Human Capital Accumulation. Theoretical Economics Letters, 6, 34-38. doi: 10.4236-tel.2016.61005.





Autor: Yusuke Hirota

Fuente: http://www.scirp.org/



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