CAN HIGHER WAGES PROTECT YOUR HEART? REGIONAL EVIDENCE FROM ROMANIA

Cristian Incaltarau (), Adrian-Vasile Horodnic () and Doru Botezat ()
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Cristian Incaltarau: Centre for European Studies, Alexandru Ioan Cuza University of Iasi
Adrian-Vasile Horodnic: Centre for Ethics and Health Policy, Grigore T. Popa University of Medicine and Pharmacy, Iasi
Doru Botezat: Centre for Ethics and Health Policy, Grigore T. Popa University of Medicine and Pharmacy, Iasi

CES Working Papers, 2015, vol. 7(3), issue 3, 740-750

Abstract: There is a bilateral influence between health and economic development. On the one hand, population health influences economic performance, both at micro and macro levels. On the other, being reflected in higher wellbeing, economic performance also influences health of population. Therefore, according to the materialist view, health status is dependent on the standard of living, whereas low living standards can increase the probability of morbidity and mortality by feeding poverty, poor hygiene and restricting access to health care and education, which is truly important in preventing diseases. Being generally considered to be a representative indicator for the standards of living, we have assessed the impact of wage variations on cardiovascular diseases (CVD) mortality, as CVD were proved to be more sensitive to socio-economic conditions, but also generally the main mortality cause in post-communist countries including Romania. Carrying out a panel data analysis over the 1995-2012 period on Romanian NUTSIII regions, the results showed a direct link between wage level and CVD mortality proving that the higher wages reach, the lower mortality is, thus confirming assumed materialist hypothesis.

Keywords: wage level; cardiovascular diseases; mortality; Romania; panel data analysis (search for similar items in EconPapers)
JEL-codes: I14 J31 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:jes:wpaper:y:2015:v:7:i:3:p:740-750

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