A study on the relationship between life-cycle behavior and economic growth

Research Project

Project/Area Number	24730167
Research Category	Grant-in-Aid for Young Scientists (B)
Allocation Type	Multi-year Fund
Research Field	Economic theory
Research Institution	Kobe University
Principal Investigator	YASUI Daishin 神戸大学, 経済学研究科(研究院), 准教授 (30584560)
Project Period (FY)	2012-04-01 – 2015-03-31
Project Status	Completed (Fiscal Year 2014)
Budget Amount *help	¥3,640,000 (Direct Cost: ¥2,800,000、Indirect Cost: ¥840,000) Fiscal Year 2014: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000) Fiscal Year 2013: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000) Fiscal Year 2012: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Keywords	経済成長 / 寿命 / 教育 / 国際情報交換
Outline of Final Research Achievements	This study attempted to construct a theoretical model giving an answer to the following questions: (1) How does an increase in life expectancy affect households' behavior? (2) How does an increase in life expectancy affect income per capita? Most previous studies assume that there is a homogeneous relationship between life expectancy and income per capita across countries in analyzing the effect of life expectancy on income per capita. In contrast, this study assumes that the relationship between life expectancy and income per capita may be different across countries with different levels of education. As a result, we obtained the model fitting well with the data.