New Estimates of the Demand for Health: Results Based on a Categorical Health Measure and Swedish Micro Data

Ulf-G. Gerdtham and Magnus Johannesson

No 205, SSE/EFI Working Paper Series in Economics and Finance from Stockholm School of Economics

Abstract: In this paper we estimate a 'Grossman' model of demand for health based on Swedish micro data. The data set consists of a random sample of over 5,000 individuals taken from the Swedish adult population. Health capital is measured by a categorical measure of overall health status, and an ordered probit model is used to econometrically estimate the demand-for-health equation. The results are consistent with the theoretical predictions and show that the demand for health increases with income and education and decreases with age, overweight, urbanisation and being single.

Keywords: Demand for health; health production; human capital; health status (search for similar items in EconPapers)
JEL-codes: D12 I12 J24 (search for similar items in EconPapers)
Pages: 24 pages
Date: 1997-11-07
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Citations: View citations in EconPapers (14)

Published in Social Science & Medicine, 1999, pages 1999.

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Journal Article: New estimates of the demand for health: results based on a categorical health measure and Swedish micro data (1999)
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