Long-term economic growth stimulus of human capital preservation in the elderly.

@article{Manton2009LongtermEG,
  title={Long-term economic growth stimulus of human capital preservation in the elderly.},
  author={Kenneth G. Manton and Xi-Liang Gu and Arthur D Ullian and H. Dennis Tolley and Alvin E. Headen and Gene R Lowrimore},
  journal={Proceedings of the National Academy of Sciences of the United States of America},
  year={2009},
  volume={106 50},
  pages={21080-5}
}
Health care is a crucial factor in US economic growth, because growing health care costs have made US corporations less competitive than their counterparts in countries where central governments assume most of those costs. In this paper we illustrate a second, possibly more powerful, effect of health care expenditures on the long term pace of US economic growth, i.e., that such investments in aging populations helps preserve human capital to later ages. In addition, as current investment in… CONTINUE READING
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