Education and health in Europe |
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Authors: | Leonardo Becchetti Pierluigi Conzo Fabio Pisani |
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Institution: | 1. Dept. of Economics, University of Rome Tor Vergata, Rome, Italy;2. Dept. of Economics and Statistics “Cognetti de Martiis”, University of Turin &3. CSEF, Naples, Italy |
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Abstract: | The productive and allocative theories predict that education has positive impact on health: the more educated adopt healthier life styles and use more efficiently health inputs, and this explains why they live longer. We find partial support for these theories with an econometric analysis on a large sample of Europeans aged above 50 documenting a significant and positive correlation among education years, life styles, health outputs and functionalities. We however find confirmation for an anomaly already observed in the United States, namely the more educated are more likely to contract cancer. Our results are robust when controlling for endogeneity and reverse causality in IV estimates with instrumental variables related to quarter of birth and neighbours’ cultural norms. |
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Keywords: | Health satisfaction education life satisfaction public health costs |
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