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date: 25 February 2020

Abstract and Keywords

This article summarizes the complex evidence base on the impact of health on income and well-being. There is strong evidence of a potentially strong impact of improved health on the productivity and well-being of individual workers. It focuses on the link between health and income and examines the mechanisms that underlie these associations. Other dimensions including education, social rank, and ethnicity, are also associated with better health. It estimates the causal impact of health on economic output. These estimates of the income-augmenting effects of health improvements are necessary as they provide more comprehensive data to improved health. The article outlines a number of mechanisms by which health innovations can affect incomes and presents empirical evidence to this issue.

Keywords: health, income, well-being, ethnicity, economic output, empirical evidence

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