The Effects of Education and Working Hours on Health: A Multivariate Probit Approach
24 Pages Posted: 2 May 2006
Date Written: March 2006
In the theoretical literature, time and medical services are essential input factors for producing health capital. Here, we use a multi-level approach to consider the role of health relevant behaviour in the health production process. We assume that besides medical services, health relevant behaviour and overweight are central determinants of the assessment of health. The estimation of a multivariate probit model confirms most of the formulated hypotheses about the influence of education, income and labour force status on health behaviour. The results indicate that health policy should encourage investments in education which correspond to investments in health.
Keywords: health production, multivariate probit, education, labour force participation
JEL Classification: I12, C31, D12
Suggested Citation: Suggested Citation