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Health Status and the Allocation of Time

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Author Info
Melinda Podor (Department of Economics, University of Hawaii at Manoa)
Timothy J. Halliday () (Department of Economics, University of Hawaii at Manoa, Institute for the Study of Labor (IZA))

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Abstract

In this paper, we quantify the effects of health on time allocation. We estimate that improvements in health status have large and positive effects on time allocated to home and market production and large negative effects on time spent watching TV, sleeping, and consuming other types of leisure. We find that poor health status results in about 300 additional hours allocated to unproductive activities per year. Plausible estimates of the cost of this lost time exceed $10,000. We also find that, for men, better health induces a substitution of market-produced goods for home-produced goods. Particularly, each additional minute spent in home production saves $0.37.

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File URL: http://www.economics.hawaii.edu/research/workingpapers/WP_09-7.pdf
File Format: application/pdf
File Function: First version, 2009
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Publisher Info
Paper provided by University of Hawaii at Manoa, Department of Economics in its series Working Papers with number 200907.

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Length: 35 pages
Date of creation: 05 Aug 2009
Date of revision:
Handle: RePEc:hai:wpaper:200907

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Related research
Keywords: Labor Supply; Time Allocation; Health;

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Find related papers by JEL classification:
I1 - Health, Education, and Welfare - - Health
J2 - Labor and Demographic Economics - - Demand and Supply of Labor

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Deaton, Angus, 1995. "Data and econometric tools for development analysis," Handbook of Development Economics, in: Hollis Chenery† & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 33, pages 1785-1882 Elsevier. [Downloadable!] (restricted)
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  2. Grossman, Michael, 1972. "On the Concept of Health Capital and the Demand for Health," Journal of Political Economy, University of Chicago Press, vol. 80(2), pages 223-55, March-Apr. [Downloadable!] (restricted)
  3. Michael Baker & Mark Stabile & Catherine Deri, 2004. "What Do Self-Reported, Objective, Measures of Health Measure?," Journal of Human Resources, University of Wisconsin Press, vol. 39(4). [Downloadable!] (restricted)
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  4. Timothy Halliday, 2007. "Income Volatility and Health," Working Papers 200729, University of Hawaii at Manoa, Department of Economics. [Downloadable!]
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  5. Gronau, Reuben, 1980. "Home Production-A Forgotten Industry," The Review of Economics and Statistics, MIT Press, vol. 62(3), pages 408-16, August. [Downloadable!] (restricted)
  6. Stephen Wu, 2003. "The Effects of Health Events on the Economic Status of Married Couples," Journal of Human Resources, University of Wisconsin Press, vol. 38(1). [Downloadable!] (restricted)
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This page was last updated on 2009-11-24.


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