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Analysis of Health and Longevity in Oldest-Old Population: A Health Capital Approach

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Author Info
Zhong Zhao () (IZA Bonn and CCER, Peking University)

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Abstract

Using 2002 cross-sectional data and 1998, 2000, 2002 three waves of panel data from the Chinese Longitudinal Healthy Longevity Survey, we study health in oldest old population. We measure health using the Katz Index of Activities of Daily Living (ADL) and in term of mortality. Our results suggest that besides aging, there are other important factors contributing to bad health both in term of the Index of ADL and mortality. Effects of gender on the Index of ADL and on mortality are different. Female tends to be more dependent in daily living, but has higher probability to survive. Oldest-olds living in urban area are also more dependent, but are less likely to die. Socioeconomic status such as financial resources, education level of the oldest-old and of his/her spouse and etc. plays insignificant role in the health of oldest-old. Oldest-olds still in marriage are more independent in daily living and are more likely to survive. There exists reverse causality between health and risky behaviors. After controlled for simultaneity bias by instrumental variable method, the coefficients of risk behaviors are consistent with theory and common wisdom.

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Publisher Info
Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 1877.

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Length: 42 pages
Date of creation: Dec 2005
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Handle: RePEc:iza:izadps:dp1877

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Related research
Keywords: oldest-old; mortality; Katz index of ADL; Grossman model;

Other versions of this item:

Find related papers by JEL classification:
I12 - Health, Education, and Welfare - - Health - - - Health Production
J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped
I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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References listed on IDEAS
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  1. Vaupel, James W, 1998. "Demographic Analysis of Aging and Longevity," American Economic Review, American Economic Association, vol. 88(2), pages 242-47, May. [Downloadable!] (restricted)
  2. Anne Case & Darren Lubotsky & Christina Paxson, 2002. "Economic Status and Health in Childhood: The Origins of the Gradient," American Economic Review, American Economic Association, vol. 92(5), pages 1308-1334, December. [Downloadable!]
    Other versions:
  3. Janet Currie & Mark Stabile, 2003. "Socioeconomic Status and Child Health: Why Is the Relationship Stronger for Older Children?," American Economic Review, American Economic Association, vol. 93(5), pages 1813-1823, December. [Downloadable!]
  4. Smith, James P, 1998. "Socioeconomic Status and Health," American Economic Review, American Economic Association, vol. 88(2), pages 192-96, May. [Downloadable!] (restricted)
  5. 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)
  6. Dustmann, Christian & Windmeijer, Frank, 2000. "Wages and the Demand for Health - A Life Cycle Analysis," IZA Discussion Papers 171, Institute for the Study of Labor (IZA). [Downloadable!]
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  7. Sickles, Robin C & Yazbeck, Abdo, 1998. "On the Dynamics of Demand for Leisure and the Production of Health," Journal of Business & Economic Statistics, American Statistical Association, vol. 16(2), pages 187-97, April.
  8. Selma J. Mushkin, 1962. "Health as an Investment," Journal of Political Economy, University of Chicago Press, vol. 70, pages 129. [Downloadable!] (restricted)
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