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The demand for health : Results from new measures of health capital

Gerdtham, U. G. LU ; Johannesson, M.; Lundberg, L. LU and Isacson, D. (1999) In European Journal of Political Economy 15(3). p.501-521
Abstract

This paper estimates a "Grossman" model of demand for health. We measure health status on a 0 (dead) to 1 (full health) cardinal scale by the rating scale method and the time trade-off method. We also use a categorical measure of overall health status commonly used in quality of life measurements. To estimate the demand for health equations, the Tobit technique is used for the rating scale and time trade-off health measure. The ordered probit model is used for the categorical health measure. The demand for health decreases with the price of medical care, age, overweight, smoking and living alone, and increases with income, education and the level of sporting activities.

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author
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
C24, C25, Censored models, Demand for health, Discrete models, Health production, Health status, I10, I12
in
European Journal of Political Economy
volume
15
issue
3
pages
21 pages
publisher
Tranfer Verlag, Regensburg, FRG
external identifiers
  • scopus:0006943082
ISSN
0176-2680
DOI
10.1016/S0176-2680(99)00026-9
language
English
LU publication?
yes
id
5430f5c8-d638-4dda-96ac-ca12f91bebea
date added to LUP
2018-10-09 12:26:44
date last changed
2018-10-28 04:55:47
@article{5430f5c8-d638-4dda-96ac-ca12f91bebea,
  abstract     = {<p>This paper estimates a "Grossman" model of demand for health. We measure health status on a 0 (dead) to 1 (full health) cardinal scale by the rating scale method and the time trade-off method. We also use a categorical measure of overall health status commonly used in quality of life measurements. To estimate the demand for health equations, the Tobit technique is used for the rating scale and time trade-off health measure. The ordered probit model is used for the categorical health measure. The demand for health decreases with the price of medical care, age, overweight, smoking and living alone, and increases with income, education and the level of sporting activities.</p>},
  author       = {Gerdtham, U. G. and Johannesson, M. and Lundberg, L. and Isacson, D.},
  issn         = {0176-2680},
  keyword      = {C24,C25,Censored models,Demand for health,Discrete models,Health production,Health status,I10,I12},
  language     = {eng},
  month        = {01},
  number       = {3},
  pages        = {501--521},
  publisher    = {Tranfer Verlag, Regensburg, FRG},
  series       = {European Journal of Political Economy},
  title        = {The demand for health : Results from new measures of health capital},
  url          = {http://dx.doi.org/10.1016/S0176-2680(99)00026-9},
  volume       = {15},
  year         = {1999},
}