The Social Value of Health: Amenable Deaths and Estimated the Gap with the Life Expectancy Frontier

40 Pages Posted: 24 Aug 2022

See all articles by Leonardo Becchetti

Leonardo Becchetti

University of Rome Tor Vergata - Faculty of Economics

Gianluigi Conzo

University of Rome Tor Vergata - Department of Economics and Finance

Giovanni Trovato

University of Rome Tor Vergata - Faculty of Economics

Date Written: August 3, 2022

Abstract

We estimate the life expectancy gap that can be bridged by improving the quality of public health and health care policies at EU level. Our model calculates the net effect of amenable deaths on life expectancy after controlling for fixed effects (capturing time invariant country specific factors affecting the dependent variable independently from amenable deaths such as local environmental conditions and genetic factors) and time dummies (capturing global trends such as scientific and medical progress that “lift up” life expectancy independently from the quality of domestic health systems) in a model that accounts for more than 80 percent of the overall variability of life expectancy across years. We as well find evidence of beta convergence in amenable deaths across countries in our sample period. Based on our coefficients we estimate the life expectancy gap that countries with lower quality health systems can bridge if catching up and reaching the existing health quality frontier, computing the social value of that upside potential.

Note:
Funding Information: None.

Conflict of Interests: None.

Keywords: life expectancy, amenable deaths, domestic health systems

JEL Classification: I18, I12

Suggested Citation

Becchetti, Leonardo and Conzo, Gianluigi and Trovato, Giovanni, The Social Value of Health: Amenable Deaths and Estimated the Gap with the Life Expectancy Frontier (August 3, 2022). CEIS Working Paper No. 542, Available at SSRN: https://ssrn.com/abstract=4180711 or http://dx.doi.org/10.2139/ssrn.4180711

Leonardo Becchetti (Contact Author)

University of Rome Tor Vergata - Faculty of Economics ( email )

Via Columbia, 2
I-00133 Rome
Italy

Gianluigi Conzo

University of Rome Tor Vergata - Department of Economics and Finance ( email )

Rome
Italy

Giovanni Trovato

University of Rome Tor Vergata - Faculty of Economics ( email )

Via Columbia n.2
Rome, rome 00100
Italy

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