Calories, Obesity and Health in OECD Countries
AbstractTheoretical models suggest that decisions about diet, weight and health status are endogenous within a utility maximisation framework. In this paper, 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 OECD countries and the large differences among 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 InfoPaper provided by Agricultural Economics Society in its series 81st Annual Conference, April 2-4, 2007, Reading University with number 7972.
Date of creation: 2007
Date of revision:
food consumption; obesity; overweight; health; Health Economics and Policy; I12; C33;
Other versions of this item:
- I12 - Health, Education, and Welfare - - Health - - - Health Production
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
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