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Labor Force Participation among Indian Elderly: Does Health Matter?

  • Manoj K. Pandey

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    The paper analyzes the effect of health status on labour force participation for aged Indians. The potential endogeneity in health and labour force participation has been taken care of by using full information maximum likelihood (FIML) and estimation results are compared with alternative two-stage methods. Results show that health has a significant and positive effect on labour force participation of the aged. In order to keep enough supply of elderly in the labour market, sufficient health care is necessary and hence more investment in this sector is imperative.

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    File URL: https://crawford.anu.edu.au/acde/asarc/pdf/papers/2009/WP2009_11.pdf
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    Paper provided by The Australian National University, Australia South Asia Research Centre in its series ASARC Working Papers with number 2009-11.

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    Length: 23
    Date of creation: 2009
    Date of revision:
    Handle: RePEc:pas:asarcc:2009-11
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    Web page: https://crawford.anu.edu.au/acde/asarc/
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