Diabetes, Cardiovascular Disease and Labour Force Participation in Australia: An Endogenous Multivariate Probit Analysis of Clinical Prevalence Data
Reducing chronic disease has been identified as a priority for both health and labour force participation. This study estimates the influence of clinically diagnosed diabetes and cardiovascular disease on labour supply in men and women aged 25 years and over, taking account of the observed and unobserved factors that influence both the risk of these chronic diseases and labour force participation. The results show that diabetes and cardiovascular disease together have a strong impact on labour market outcomes, particularly for men, and that obesity, insufficient exercise, hypertension, lipid abnormality, smoking and parental diabetes all have significant indirect effects on labour force participation. Copyright © 2009 The Economic Society of Australia.
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Volume (Year): 85 (2009)
Issue (Month): 271 (December)
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