This study estimates the impact of Korean economic fluctuation on its public health status such as gender-, age-, and cause-specific mortality rate and prevalence rate of infectious diseases over the period of 1983-28. Economic fluctuation is measured...
This study estimates the impact of Korean economic fluctuation on its public health status such as gender-, age-, and cause-specific mortality rate and prevalence rate of infectious diseases over the period of 1983-28. Economic fluctuation is measured by Hodrick-Prescott Filter, using three, macroeconomic vatiab1 including real CDP` per capita, unemployment rate, and labor force participation rate. One of the main findings is that an 1 patent reduction of real CDI` per capita at previous year from its long-term trend led to the increase of mortality rate of infants and old groups aged 80 and over, respectively, by 2.9 percent and 0.6 patent at current year We also reveal that the impact lasted over several years after economic downturn and that it is highly related with the increase in income disparity. Those findings suggest that public programs are necessary to assist the groups which have lower socioeconomic status and poor health stock and so are vulnerable to economic fluctuation.