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

@article{Gerdtham1999TheDF,
  title={The demand for health: results from new measures of health capital},
  author={U. Gerdtham and M. Johannesson and L. Lundberg and D. Isacson},
  journal={European Journal of Political Economy},
  year={1999},
  volume={15},
  pages={501-521}
}
  • U. Gerdtham, M. Johannesson, +1 author D. Isacson
  • Published 1999
  • Economics
  • European Journal of Political Economy
  • 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… CONTINUE READING
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