Health Shocks and Permanent Income Loss: the Household Business Channel
No DT/2016/11, Working Papers from DIAL (Développement, Institutions et Mondialisation)
This study uses an original Vietnamese panel data to provide strong evidence that microenterprises are vulnerable to health shocks affecting their operators and/or other household members. Although intra-household labour reallocation mitigates the direct labour supply decrease, large out-of- pocket health expenditures have the potential of crowding out business-related expenditure, and to significantly decrease investment. The costs associated with illness thus affect directly the household businesses that generate income for countless individuals around the developing world. These results have important implications, among which the underestimation of the positive externalities of health insurance schemes.
JEL-codes: I15 E26 O17 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hea, nep-ias, nep-mac and nep-sea
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://www.dial.ird.fr/media/ird-sites-d-unites-de ... travail/2016/2016-11 First version, 2016 (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:dia:wpaper:dt201611
Access Statistics for this paper
More papers in Working Papers from DIAL (Développement, Institutions et Mondialisation) Contact information at EDIRC.
Bibliographic data for series maintained by Loic Le Pezennec ().