How Much Does Social Status Matter to Health? Evidence from China's Academician Election
AbstractThe impact of socio-economic status on health has been widely recognized, but the independent impact of social status alone on health remains inconclusive. We approach this challenge by exploiting a natural experiment in which subjects undergo a shift in their social status without considerable economic impact. We gather data on 4190 scientists who were either nominated for or successfully elected to the Chinese Academy of Science or of Engineering. Being elected as an academician in China is a boost in social status (vice-ministerial level) with negligible economic impact (US$30 monthly before 2009). After correcting for two sources of bias: 1) Some potential academicians decease too young to be elected, leading to immortal-time bias in favor of academicians and 2) the endogenous relationship between health and social status, we find that the enhanced social status of becoming an academician leads to approximately 1.2-years longer life.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 8010.
Length: 29 pages
Date of creation: Feb 2014
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Find related papers by JEL classification:
- I12 - Health, Education, and Welfare - - Health - - - Health Production
This paper has been announced in the following NEP Reports:
- NEP-ALL-2014-03-22 (All new papers)
- NEP-CNA-2014-03-22 (China)
- NEP-HEA-2014-03-22 (Health Economics)
- NEP-TRA-2014-03-22 (Transition Economics)
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.:
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- James P. Smith, 2004.
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IFS Working Papers
W04/02, Institute for Fiscal Studies.
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- James P. Smith, 1999. "Healthy Bodies and Thick Wallets: The Dual Relation between Health and Economic Status," Journal of Economic Perspectives, American Economic Association, vol. 13(2), pages 145-166, Spring.
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