Calories, obesity and health in OECD countries
AbstractTheoretical models suggest that decisions about diet, weight and health status are endogenous within a utility maximization framework. In this article, we model these behavioural relationships in a fixed-effect panel setting using a simultaneous equation system, with a view to determining whether economic variables can explain the trends in calorie consumption, obesity and health in Organization for Economic Cooperation and Development (OECD) countries and the large differences among the countries. The empirical model shows that progress in medical treatment and health expenditure mitigates mortality from diet-related diseases, despite rising obesity rates. While the model accounts for endogeneity and serial correlation, results are affected by data limitations.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 43 (2011)
Issue (Month): 26 ()
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Web page: http://www.tandfonline.com/RAEC20
Other versions of this item:
- Mazzocchi, Mario & Traill, W. Bruce, 2007. "Calories, Obesity and Health in OECD Countries," 81st Annual Conference, April 2-4, 2007, Reading University 7972, Agricultural Economics Society.
- I12 - Health, Education, and Welfare - - Health - - - Health Production
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Longitudinal Data; Spatial Time Series
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