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Economic conditions, hypertension, and cardiovascular disease: analysis of the Icelandic economic collapse

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  • Kristín Helga Birgisdóttir

    (University of Iceland)

  • Stefán Hrafn Jónsson

    (University of Iceland)

  • Tinna Laufey Ásgeirsdóttir

    (University of Iceland)

Abstract

Previous research has found a positive short-term relationship between the 2008 collapse and hypertension in Icelandic males. With Iceland's economy experiencing a phase of economic recovery, an opportunity to pursue a longer-term analysis of the collapse has emerged. Using data from a nationally representative sample, fixed-effect estimations and mediation analyses were performed to explore the relationship between the Icelandic economic collapse in 2008 and the longer-term impact on hypertension and cardiovascular health. A sensitivity analysis was carried out with pooled logit models estimated as well as an alternative dependent variable. Our attrition analysis revealed that results for cardiovascular diseases were affected by attrition, but not results from estimations on the relationship between the economic crisis and hypertension. When compared to the boom year 2007, our results point to an increased probability of Icelandic women having hypertension in the year 2012, when the Icelandic economy had recovered substantially from the economic collapse in 2008. This represents a deviation from pre-crisis trends, thus suggesting a true economic-recovery impact on hypertension.

Suggested Citation

  • Kristín Helga Birgisdóttir & Stefán Hrafn Jónsson & Tinna Laufey Ásgeirsdóttir, 2017. "Economic conditions, hypertension, and cardiovascular disease: analysis of the Icelandic economic collapse," Health Economics Review, Springer, vol. 7(1), pages 1-21, December.
    • Handle: RePEc:spr:hecrev:v:7:y:2017:i:1:d:10.1186_s13561-017-0157-3
    DOI: 10.1186/s13561-017-0157-3
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    References listed on IDEAS

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    1. Birgisdóttir, Kristín Helga & Hauksdóttir, Arna & Ruhm, Christopher & Valdimarsdóttir, Unnur Anna & Ásgeirsdóttir, Tinna Laufey, 2020. "The effect of the economic collapse in Iceland on the probability of cardiovascular events," Economics & Human Biology, Elsevier, vol. 37(C).

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