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Non-pecuniary returns to higher education: The effect on smoking intensity in the UK

Author Info

  • Alfonso Miranda

    ()

    (Keele University, Centre for Economic Research and School of Economic and Management Studies)

  • Massimiliano Bratti

    ()

    (Department of Economics, Business and Statistics, University of Milan)

Abstract

In this paper we investigate whether higher education (HE) produces non-pecuniary returns via a reduction in the consumption of health-damaging substances. In particular, the paper focuses on studying the smoking intensity of British individuals. We use data on current smokers from the 1970 British Cohort Study and estimate endogenous switching count models for cigarette consumption. Results show that HE is endogenous with smoking. Once endogeneity is controlled for, HE is found to have a higher negative effect on smoking than in models where it is treated as exogenous.

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File URL: http://www.keele.ac.uk/depts/ec/wpapers/kerp0604.pdf
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Paper provided by Centre for Economic Research, Keele University in its series Keele Economics Research Papers with number KERP 2006/04.

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Length: 31 pages
Date of creation: Apr 2006
Date of revision:
Handle: RePEc:kee:kerpuk:2006/04
Contact details of provider: Postal: Department of Economics, University of Keele, Keele, Staffordshire, ST5 5BG - United Kingdom
Phone: +44 (0)1782 584581
Fax: +44 (0)1782 717577
Web page: http://www.keele.ac.uk/depts/ec/cer/Email:


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Order Information: Postal: Centre for Economic Research, Research Institute for Public Policy and Management, Keele University, Staffordshire ST5 5BG - United Kingdom
Web: http://www.keele.ac.uk/depts/ec/cer/pubs_kerps.htm Email:


Keywords: Endogenous switching; count data; higher education; smoking; UK;

Other versions of this item:

Find related papers by JEL classification:
  • C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
  • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
  • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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  1. Ermisch, John & Francesconi, Marco, 2001. "Family Matters: Impacts of Family Background on Educational Attainments," Economica, London School of Economics and Political Science, vol. 68(270), pages 137-56, May.
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  18. Martin Forster & Andrew M. Jones, 2003. "Corrigendum: The role of tobacco taxes in starting and quitting smoking: duration analysis of British data," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 166(3), pages 441-442.
  19. Labeaga, Jose M., 1999. "A double-hurdle rational addiction model with heterogeneity: Estimating the demand for tobacco," Journal of Econometrics, Elsevier, vol. 93(1), pages 49-72, November.
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  22. Arnaud Chevalier & Gauthier Lanot, 2002. "The Relative Effect of Family Characteristics and Financial Situation on Educational Achievement," Education Economics, Taylor & Francis Journals, vol. 10(2), pages 165-181.
  23. Donald S. Kenkel & Joseph V. Terza, 2001. "The effect of physician advice on alcohol consumption: count regression with an endogenous treatment effect," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 16(2), pages 165-184.
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  25. Tarani Chandola & Paul Clarke & J. N. Morris & David Blane, 2006. "Pathways between education and health: a causal modelling approach," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 169(2), pages 337-359.
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Cited by:

  1. Helmut Rainer & Ian Smith, 2012. "Education, Communication and Wellbeing: An Application to Sexual Satisfaction," Kyklos, Wiley Blackwell, vol. 65(4), pages 581-598, November.
  2. Jason Fletcher & David Frisvold, 2014. "The long run health returns to college quality," Review of Economics of the Household, Springer, vol. 12(2), pages 295-325, June.
  3. Donald S. Kenkel & Maximilian D. Schmeiser & Carly J. Urban, 2014. "Is Smoking Inferior? Evidence from Variation in the Earned Income Tax Credit," NBER Working Papers 20097, National Bureau of Economic Research, Inc.
  4. Alfonso Miranda & Sophia Rabe-Hesketh, 2006. "Maximum likelihood estimation of endogenous switching and sample selection models for binary, ordinal, and count variables," Stata Journal, StataCorp LP, vol. 6(3), pages 285-308, September.
  5. Annette Alstadsæter & Hans Henrik Sievertsen, 2009. "The Consumption Value of Higher Education," CESifo Working Paper Series 2871, CESifo Group Munich.
  6. Michael J. Peel, 2014. "Addressing unobserved endogeneity bias in accounting studies: control and sensitivity methods by variable type," Accounting and Business Research, Taylor & Francis Journals, vol. 44(5), pages 545-571, October.
  7. Alfonso Miranda, 2013. "A double-hurdle count model for completed fertility data from the developing world," Mexican Stata Users' Group Meetings 2013 13, Stata Users Group.

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