Health Satisfaction and Energy Spending
AbstractThis study explores the link between energy spending and health satisfaction. We aim to show that energy spending is a driver of health satisfaction and therefore of the overall quality of life of individuals. This has important implications for policy makers especially in the context of fuel poor and low-income households. The analysis tests the hypothesis that health satisfaction decreases with increasing energy spending per room. Households with high energy spending tend to live in inefficiently insulated homes that are not heated adequately. We use a British panel household survey dataset with more than 60,000 observations covering the period 1997 to 2007. We apply a fixed effects econometric model which enables us to take unobservable heterogeneity between households into account.
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Bibliographic InfoPaper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 1053.
Date of creation: 01 Oct 2010
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Web page: http://www.econ.cam.ac.uk/index.htm
Health satisfaction; energy spending;
Find related papers by JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- D1 - Microeconomics - - Household Behavior
- P36 - Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty
- Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-10-16 (All new papers)
- NEP-ENE-2010-10-16 (Energy Economics)
- NEP-HEA-2010-10-16 (Health Economics)
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