LIVE LONG AND PROSPER: THE ECONOMICS OF MORTALITY
Mortality statistics are extremely important indicators of economic
success and
failure. That is the contention of Professor Amartya Sen, newly
installed Master of
Trinity College, Cambridge, writing in
the latest issue of the Economic Journal. Data
on
how long different groups of people live reflect vital aspects of their quality
of life
and
the effectiveness of economic policy. And at times, such data can be the most
useful indicators for economic policy purposes, including both overall
performance
and
distributional concerns about class, gender and race.
Longevity, Professor Sen points out, depends on the physical and social
conditions in
which
we live, many of which are influenced by economic policy. For example, the
availability of health care and the nature of medical insurance - public
as well as
private - are important influences on life and death. So too are other
social services
such
as basic education, the orderliness of urban living and access to modern
medical
knowledge in rural communities. The statistics on mortality draw our
attention to all of
these
policy issues.
Professor Sen also illustrates how mortality information can shed light
on the nature of
social inequalities, including gender bias and racial disparities. His
calculations
establish, for example, that as a group, African-Americans have a lower
chance of
surviving to mature ages than do the much poorer populations of China or
Sri Lanka
or the Indian state of Kerala. An
illustration of gender bias is the estimation of tens of
millions of ‘missing women’ arising from differentially higher female
mortality rates in
South
and West Asia, North Africa and China.
In
order to demonstrate the value of mortality as an indicator of economic success
and
failure, Professor Sen addresses some contrary arguments:
First, wouldn’t it be better to look at morbidity rather than mortality
since people’s
suffering relates primarily to illness? Once dead, there is no further
agony (or so we
understand though Dante took a rather different view).
Good information on morbidity would be extremely useful but typically
the
morbidity data are very bad. Medical statistics on illness depend on
medical
care and if a region does not have many medical facilities, then fewer
illnesses
are reported. This reporting bias leads
to a positive correlation between
medical care and illness.
The same perversity applies to people’s perception of illness. In places
where
medical care is widespread and of good quality, people have a higher
perception of morbidity, even though they may be in much better health.
For
example, the rate of reported morbidity in the state of Kerala (where
medical
care and education are both very widely shared) is much higher than
anywhere
else in India. The lowest reporting of morbidity is in states like
Bihar, which
have very little medical care or basic education.
Second, even if mortality is the right thing to look at, surely it is
too sluggish a variable
to be
of much use as an economic indicator?
In fact, mortality rates can change very quickly. This is obviously true
in the
case of famine. But even in less extreme conditions, mortality rates can
shift
with great speed, as shown by the recent rise in mortality in the former
Soviet
Union and Eastern Europe. Such movements
draw attention to the need for
policy change, which quite often may not be fully reflected in the
statistics for
incomes and other standard economic indicators.
Note: ‘Mortality as an Indicator of
Economic Success and Failure’ by Amartya Sen
is
published in the January 1998 issue of the Economic Journal. It is the text of
the
first
Innocenti Lecture of UNICEF delivered by Professor Sen in Florence (March
1995).
Professor Sen was installed as Master of Trinity College, Cambridge on
14 January
1998.
Prior to that, he was Lamont University Professor and also Professor of
Economics and of Philosophy at Harvard
University. He has served as President of
the
American Economic Association, the Indian Economic Association, the
International Economic Association and the Econometric Society.
For
Further information: contact Amartya Sen at Trinity College, Cambridge on
01223-338400 (fax: 01223-338500); or RES/ESRC Media Consultant Romesh
Vaitilingam on 0171-878-2919, 0117-983-9770 or mobile 0468-661095.