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    Health and wealth: linking life expectancy at birth to Philippine income per capita
    (2009-10) Quintos, Melanie Grace A.; Sabado, Precious Crisan R.
    How do improvements in health affect income per capita in the Philippines? To answer this question, the researchers used life expectancy as a general measure for overall health. Using data from year 1975- 2005, the impact of life expectancy on income per capita are exploited by running a regression to capture the contemporaneous, 10-year and 20-year lead effects. It is found that life expectancy has a large positive effect on population and that improvement in health has a first order effect of increasing income per capita. In this light, health by raising human capital could be an engine for economic growth most especially in developing countries like the Philippines where the principal movers that boosts the economy are sectors which are not capital intensive but rather labor intensive.