Article

Public provision of healthcare and basic research: What are the joint effects on economic growth and welfare?

2024-05-20

Abstract excerpt

<title>Abstract</title> <p>We propose a generalized R&D-based economic growth model that incorporates endogenous human capital accumulation in terms of education and health and the public provision of healthcare and basic science. The government taxes households to pay for healthcare personnel and basic researchers. These employees are not anymore available for applied research and for final goods production. Thu...

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Literature Corpus work: 29162474-9cad-5cce-b1ea-b1711b0ceca9
DOI: 10.21203/rs.3.rs-4363264/v1

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