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Table 1.

Summary statistics.

Variables Averaged over the period 1990–2014.

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Table 1 Expand

Table 2.

The effect of mortality/DALYs on GDPpc growth.

Long-Run Growth Regression.

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Table 2 Expand

Table 3.

The effect of mortality/DALYs on GDPpc growth.

Reduced form and first stage.

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Table 3 Expand

Fig 1.

A. Small violations of the exogeneity assumption on the effect of mortality (Conley et al. 2012). B. Small violations of the exogeneity assumption on the effect of DALY (Conley et al. 2012). Note: upper panel: union of confidence interval approach; middle panel: local to zero approach with variance equal to the square of the mean; lower panel: local to zero approach with variance equal to the mean. π2 is the real causal effect of mortality on GPD per capita growth and γ is the direct effect of the instrument on GDP per capita growth.

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Fig 1 Expand

Table 4.

The effect of mortality/DALYs on GDPpc growth.

Long-Run Growth Regression estimated adding Lewbel’s (2012) heteroskedasticity based instruments.

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Table 4 Expand

Fig 2.

Heterogeneous effects by WB classification group.

Note: Average treatment effects by WB classification group. Average treatment effects for the full sample (dotted line).

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Fig 2 Expand

Fig 3.

Heterogeneous effects by WB percentage of people over 65 in 1990.

Note: Average treatment effects for countries whose percentage of people over 65 in 1990 is below 5% (group 1), above or equal 5% and below 10% (group 2), and 10% or more (group 3),. Average treatment effects for the full sample (dotted line).

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Fig 3 Expand

Fig 4.

Differential GDP per capita under the action scenario compared to the status quo between 2015 and 2039.

By year and country. Note: left panel: mortality; right panel: DALY. Positive action scenario in gray and negative action scenario in black.

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Fig 4 Expand

Table 5.

GDP per capita gains due to a decrease/increase in mortality (morbidity) between 2015 and 2039 1 p.p. bigger than that between 1990 and 2014.

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Table 5 Expand

Table A1.

The effect of mortality and DALY on GDPpc growth.

Long-Run Growth Regression (full specification reported).

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Table A1 Expand

Table A2.

The effect of mortality/DALYs on GDPpc growth.

Long-Run Growth Regression (standard errors clustered at the regional level and bootstrapped using wild bootstrapping).

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Table A2 Expand

Table A3.

The effect of mortality/DALYs on GDPpc growth.

Long-Run Growth Regression. Effects by World Bank Country Income Group. OLS.

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Table A3 Expand

Table A4.

The effect of mortality/DALYs on GDPpc growth.

Long-Run Growth Regression. Effects by Percentage of people over 65. OLS.

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Table A4 Expand

Table A5.

The effect of mortality/DALYs on GDPpc growth.

Long-Run Growth Regression. Effects by alternative measures of mortality and morbidity.

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Table A5 Expand