Efficiency of Health Investment: Education or Intelligence?

G.E. Bijwaard, H. van Kippersluis

Onderzoeksoutput: Bijdrage aan wetenschappelijk tijdschrift/periodieke uitgaveArtikelWetenschappelijkpeer review

11 Citaten (Scopus)
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Samenvatting

In this paper, we hypothesize that education is associated with a higher efficiency of health investment, yet that this efficiency advantage is solely driven by intelligence. We operationalize efficiency of health investment as the probability of dying conditional on a certain hospital diagnosis and estimate a multistate structural equation model with three states: (i) healthy, (ii) hospitalized, and (iii) death. We use data from a Dutch cohort born around 1940 that links intelligence tests at age 12 years to later-life hospitalization and mortality records. The results indicate that intelligent individuals have a clear survival advantage for most hospital diagnoses, while the remaining disparities across education groups are small and not statistically significant. © 2016 The Authors. Health Economics Published by John Wiley & Sons Ltd.
Originele taal-2Engels
Pagina's (van-tot)1056–1072
TijdschriftHealth Economics
Volume25
Nummer van het tijdschrift9
Vroegere onlinedatum03 mei 2016
DOI's
StatusGepubliceerd - 2016

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