TY - JOUR
T1 - The effect of mental health on U.S. County economic growth
AU - Davlasheridze, Meri
AU - Goetz, Stephan J.
AU - Han, Yicheol
N1 - Funding Information:
* This work was supported in part by United States Department of Agriculture, National Institute of Food and Agriculture Grants No. 2012-70002-19385 and 2014-51150-22094 (NERCRD). Meri Davlasheridze is an Assistant Professor of Marine Science at Texas A&M University at Galveston, Galveston, TX 77554. Stephan J. Goetz is a Professor of Agricultural and Regional Economics and Director of the Northeast Regional Center for Rural Development at the Pennsylvania State University, University Park, PA 16802. Yicheol Han is a Post-doc at the Northeast Regional Center for Rural Development at the Pennsylvania State University, University Park, PA 16802. Corresponding Author: Meri Davlasheridze E-mail: davlashm@tamug.edu.
Publisher Copyright:
© Southern Regional Science Association 2018.
PY - 2018
Y1 - 2018
N2 - Poor mental health creates significant economic costs, in addition to human suffering, and is a growing world-wide concern, especially with an aging population. To estimate the cost of this disease in the U.S., we adopt a conventional economic growth model and include the number of poor mental health days (PMHD) as a right-hand side variable. Controlling for various county-level variables associated with income growth, our results suggest that one additional PMHD is associated with a 1.84 percentage point lower per capita real income growth rate, or $53 billion less total annual income, across the U.S. between 2008 and 2014. This effect is in addition to the income losses associated with the Great Recession.
AB - Poor mental health creates significant economic costs, in addition to human suffering, and is a growing world-wide concern, especially with an aging population. To estimate the cost of this disease in the U.S., we adopt a conventional economic growth model and include the number of poor mental health days (PMHD) as a right-hand side variable. Controlling for various county-level variables associated with income growth, our results suggest that one additional PMHD is associated with a 1.84 percentage point lower per capita real income growth rate, or $53 billion less total annual income, across the U.S. between 2008 and 2014. This effect is in addition to the income losses associated with the Great Recession.
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M3 - Article
AN - SCOPUS:85049772632
VL - 48
SP - 155
EP - 171
JO - Review of Regional Studies
JF - Review of Regional Studies
SN - 1553-0892
IS - 2
ER -