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Education and health in Europe
Authors:Leonardo Becchetti  Pierluigi Conzo  Fabio Pisani
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
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.
Keywords:Health satisfaction  education  life satisfaction  public health costs
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