IDEAS home Printed from https://ideas.repec.org/a/eee/soceco/v38y2009i4p574-580.html
   My bibliography  Save this article

Heterogeneous 'adaptation' and 'income effects' across self-reported health distribution?

Author

Listed:
  • Costa-Font, Montserrat
  • Costa-Font, Joan

Abstract

Self-reported health is a key quality-of-life measure affected by well-known cognitive biases, such as adaptation (or anchoring to past health conditions) along with a socio-economic vector. There are good reasons to think that both effects heterogeneously impact the health distribution. This paper carries on empirical exercise to test whether the effects of adaptation and income are indeed, affected by individual heterogeneity. We use a continuous scale of health (the Visual Analogue Scale or VAS) and ex-post evaluations of the individual health status to capture adaptation using quantile regression. Our findings suggest that adaptation effects exhibit an inverse U-shaped form, more common in the median of the health distribution. Income effects exhibit a marked and non-linear impact at low quantiles. This is consistent with the hypothesis that income investments for relatively healthy people translate into very moderate effects on health. Health changes evaluated by the median individual are relatively more affected by adaptation.

Suggested Citation

  • Costa-Font, Montserrat & Costa-Font, Joan, 2009. "Heterogeneous 'adaptation' and 'income effects' across self-reported health distribution?," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 38(4), pages 574-580, August.
  • Handle: RePEc:eee:soceco:v:38:y:2009:i:4:p:574-580
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/B6W5H-4W1SRPS-1/2/f44fdbceca955c76ca6fa13fc3384ca9
    Download Restriction: Full text for ScienceDirect subscribers only

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. repec:ohe:monogr:000477 is not listed on IDEAS
    2. Ulf-G. Gerdtham & Magnus Johannesson, 2004. "Absolute Income, Relative Income, Income Inequality, and Mortality," Journal of Human Resources, University of Wisconsin Press, vol. 39(1).
    3. Parkin, David & Rice, Nigel & Jacoby, Ann & Doughty, Julie, 2004. "Use of a visual analogue scale in a daily patient diary: modelling cross-sectional time-series data on health-related quality of life," Social Science & Medicine, Elsevier, vol. 59(2), pages 351-360, July.
    4. Namkee Ahn, "undated". "Assessing Self-Assessed Health Data," Working Papers 2002-24, FEDEA.
    5. Andrew M. Jones & Ángel López-Nicolás, 2002. "The importance of individual heterogeneity in the decomposition of measures of socioeconomic inequality in health: An approach based on quantile regression," Working Papers, Research Center on Health and Economics 626, Department of Economics and Business, Universitat Pompeu Fabra.
    6. Kenkel, D.S., 1989. "Should You Eat Breakfast? Estimates From Health Production Functions," Papers 9-90-8, Pennsylvania State - Department of Economics.
    7. Farrell, Phillip & Fuchs, Victor R. & Fuchs, Victor R., 1982. "Schooling and health : The cigarette connection," Journal of Health Economics, Elsevier, vol. 1(3), pages 217-230, December.
    8. Manor, Orly & Matthews, Sharon & Power, Chris, 1997. "Comparing measures of health inequality," Social Science & Medicine, Elsevier, vol. 45(5), pages 761-771, September.
    9. Koenker,Roger, 2005. "Quantile Regression," Cambridge Books, Cambridge University Press, number 9780521845731.
    10. Torrance, George W., 1986. "Measurement of health state utilities for economic appraisal : A review," Journal of Health Economics, Elsevier, vol. 5(1), pages 1-30, March.
    11. Contoyannis, Paul & Forster, Martin, 1999. "The distribution of health and income: a theoretical framework," Journal of Health Economics, Elsevier, vol. 18(5), pages 603-620, October.
    12. David M. Cutler & Elizabeth Richardson, 1997. "Measuring the Health of the U.S. Population," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 28(1997 Micr), pages 217-282.
    13. Jason Abrevaya, 2001. "The effects of demographics and maternal behavior on the distribution of birth outcomes," Empirical Economics, Springer, vol. 26(1), pages 247-257.
    14. Wagstaff, Adam & van Doorslaer, Eddy, 2000. "Chapter 34 Equity in health care finance and delivery," Handbook of Health Economics,in: A. J. Culyer & J. P. Newhouse (ed.), Handbook of Health Economics, edition 1, volume 1, chapter 34, pages 1803-1862 Elsevier.
    15. Groot, Wim, 2000. "Adaptation and scale of reference bias in self-assessments of quality of life," Journal of Health Economics, Elsevier, vol. 19(3), pages 403-420, May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:spr:soinre:v:136:y:2018:i:2:d:10.1007_s11205-017-1558-8 is not listed on IDEAS
    2. Joan Costa-i-Font & Frank Cowell, 2016. "The Measurement of Health Inequalities: Does Status Matter?," CESifo Working Paper Series 6117, CESifo Group Munich.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:soceco:v:38:y:2009:i:4:p:574-580. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu). General contact details of provider: http://www.elsevier.com/locate/inca/620175 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.