Health Status and the Allocation of Time

36 Pages Posted: 18 Aug 2009

See all articles by Timothy Halliday

Timothy Halliday

University of Hawaii - Department of Economics; IZA Institute of Labor Economics

Melinda Podor

University of Hawaii

Abstract

In this paper, we quantify the effects of health on time allocation. We estimate that improvements in health status have large and positive effects on time allocated to home and market production and large negative effects on time spent watching TV, sleeping, and consuming other types of leisure. We find that poor health status results in about 300 additional hours allocated to unproductive activities per year. Plausible estimates of the cost of this lost time exceed $10,000. We also find that, for men, better health induces a substitution of market-produced goods for home-produced goods. Particularly, each additional minute spent in home production saves $0.37.

Keywords: labor supply, time allocation, health

JEL Classification: I1, J2

Suggested Citation

Halliday, Timothy and Podor, Melinda, Health Status and the Allocation of Time. Available at SSRN: https://ssrn.com/abstract=1455530 or http://dx.doi.org/10.2139/ssrn.1455530

Timothy Halliday (Contact Author)

University of Hawaii - Department of Economics ( email )

Honolulu, HI 96822
United States

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Melinda Podor

University of Hawaii ( email )

Honolulu, HI 96822
United States

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