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Investments in social capital--implications of social interactions for the production of health

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Author Info

  • Bolin, Kristian
  • Lindgren, Björn
  • Lindström, Martin
  • Nystedt, Paul

Abstract

This paper develops a theoretical model of the family as producer of health- and social capital. There are both direct and indirect returns on the production and accumulation of health- and social capital. Direct returns (the consumption motives) result since health and social capital both enhance individual welfare per se. Indirect returns (the investment motives) result since health capital increases the amount of productive time, and social capital improves the efficiency of the production technology used for producing health capital. The main prediction of the theoretical model is that the amount of social capital is positively related to the level of health; individuals with high levels of social capital are healthier than individuals with lower levels of social capital, ceteris paribus. An empirical model is estimated, using a set of individual panel data from three different time periods in Sweden. We find that social capital is positively related to the level of health capital, which supports the theoretical model. Further, we find that the level of social capital (1) declines with age, (2) is lower for those married or cohabiting, and (3) is lower for men than for women.

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Bibliographic Info

Article provided by Elsevier in its journal Social Science & Medicine.

Volume (Year): 56 (2003)
Issue (Month): 12 (June)
Pages: 2379-2390

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Handle: RePEc:eee:socmed:v:56:y:2003:i:12:p:2379-2390

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Related research

Keywords: Health Family Human capital Social capital Grossman model Sweden;

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Citations

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Cited by:
  1. Titus J. Galama & Hans van Kippersluis, 2010. "A Theory of Socioeconomic Disparities in Health over the Life Cycle," Tinbergen Institute Discussion Papers 10-079/3, Tinbergen Institute.
  2. Tan, Teck Hong & Khong, Kok Wei, 2012. "The Link between Homeownership Motivation and Housing Satisfaction," MPRA Paper 46890, University Library of Munich, Germany.
  3. Neena Chappell & Laura Funk, 2010. "Social Capital: Does it Add to the Health Inequalities Debate?," Social Indicators Research, Springer, vol. 99(3), pages 357-373, December.
  4. Stavros Petrou & Emil Kupek, 2008. "Social capital and its relationship with measures of health status: evidence from the Health Survey for England 2003," Health Economics, John Wiley & Sons, Ltd., vol. 17(1), pages 127-143.
  5. Kristian Bolin & Bjorn Lindgren, 2012. "The Double Facetted Nature of Health Investments - Implications for Equilibrium and Stability in a Demand-for-Health Framework," NBER Working Papers 17789, National Bureau of Economic Research, Inc.
  6. Shortt, S. E. D., 2004. "Making sense of social capital, health and policy," Health Policy, Elsevier, vol. 70(1), pages 11-22, October.
  7. Thierry Debrand & Nicolas Sirven, 2008. "Promoting Social Participation for Healthy Ageing - A Counterfactual Analysis from the Survey of Health, Ageing, and Retirement in Europe (SHARE)," Working Papers DT7, IRDES institut for research and information in health economics, revised Jan 2008.
  8. Anneli Kaasa & Eve Parts, 2007. "Individual-Level Determinants Of Social Capital In Europe: Differences Between Country Groups," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 56, Faculty of Economics and Business Administration, University of Tartu (Estonia).
  9. Mabuza, Majola Lawrence & Ortmann, Gerald F. & Wale, Edilegnaw Zegeye, 2012. "Collective action in commercial mushroom production: the role of social capital in the management of informal farmer groups in Swaziland," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126764, International Association of Agricultural Economists.

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