It is well accepted that education is positively related to health. However, there is considerably less agreement as to the explanation of this relationship. I examine the strength of the empirical relationship between education and health for Australia and Canada. I find that education is indeed related to health and to a very similar extent in both countries. I discuss three important explanations of the education and health relationship: technical efficiency, allocative efficiency and time preference explanations. Empirical analysis is presented which attempts to distinguish between the alternative explanations. I find evidence for all three explanations.
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Find related papers by JEL classification: I12 - Health, Education, and Welfare - - Health - - - Health Production I29 - Health, Education, and Welfare - - Education - - - Other
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Jones, Andrew M., 2000.
"Health econometrics,"
Handbook of Health Economics,
in: A. J. Culyer & J. P. Newhouse (ed.), Handbook of Health Economics, edition 1, volume 1, chapter 6, pages 265-344
Elsevier.
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