Applied Health Economics: Jones (Routledge Advanced Texts in - download pdf or read online

By A. Rice, Jones

ISBN-10: 0203972309

ISBN-13: 9780203972304

ISBN-10: 0415397715

ISBN-13: 9780415397711

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12998 * UNBALANCED ESTIMATION SAMPLE summ $xvars if insampm==1 Variable Obs Mean Std. Dev. 12998 • * BALANCED ESTIMATION SAMPLE • summ $xvars if all wave sm==1 Variable Obs Mean Std. Dev. 9514 The descriptive analysis is taken a stage further in Contoyannis, Jones and Rice (2004, Table IV). This compares the full sample with sub-groups who are defined according to particular sequences of reported health: those who are always in excellent or good health, those who are always in poor or very poor health, those who make a single transition away from excellent or good health (becoming unhealthy), and those who make a single transition away from poor or very poor health (becoming healthy).

The income values assigned for the top and bottom groups were $2,500 and $87,500 respectively. Other health determinants included in the analysis are the following: (i) Education level; the highest level of general or higher education completed is available at three levels: recognized third level education (ISCED 5–7), second stage of secondary level of education (ISCED 3) and less than second stage of secondary education (ISCED 0–2); (ii) Marital status distinguishes between married, separated/divorced, widowed and unmarried (including co-habiting); (iii) Activity status includes employed, self-employed, student, unemployed, retired, housework and ‘other economically inactive’.

This shows evidence of what is known as stochastic dominance: the empirical distribution functions lie to the right for those in better health. Our second indicator of socioeconomic status is education, measured by the highest formal qualification achieved. 6). 6 Bar chart for SAH by education, men. 5) One of the aims of Contoyannis, Jones and Rice (2004) was to investigate the dynamics of health. 7). 7 Bar chart for SAH by previous SAH, wave 2, men. 6) The figure reveals clear evidence of persistence in self-reported health.

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Applied Health Economics: Jones (Routledge Advanced Texts in Economics and Finance) by A. Rice, Jones


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