Investments in social capital - implications of social interactions for the production of health

Bolin, KristianLund University,Lunds universitet,Nationalekonomiska institutionen,Ekonomihögskolan,Institutionen för hälsovetenskaper,Medicinska fakulteten,Department of Economics,Lund University School of Economics and Management, LUSEM,Department of Health Sciences,Faculty of Medicine (author)

This paper develops a theoretical model of the family as producer of health- and social capital. There are both direct and indirect returns on the production and accumulation of health- and social capital. Direct returns (the consumption motives) result since health and social capital both enhance individual welfare per se. Indirect returns (the investment motives) result since health capital increases the amount of productive time, and social capital improves the efficiency of the production technology used for producing health capital. The main prediction of the theoretical model is that the amount of social capital is positively related to the level of health; individuals with high levels of social capital are healthier than individuals with lower levels of social capital, ceteris paribus. An empirical model is estimated, using a set of individual panel data from three different time periods in Sweden. We find that social capital is positively related to the level of health capital, which supports the theoretical model. Further, we find that the level of social capital (1) declines with age, (2) is lower for those married or cohabiting, and (3) is lower for men than for women. (C) 2003 Elsevier Science Ltd. All rights reserved.

Lindgren, BjörnLund University,Lunds universitet,Institutionen för hälsovetenskaper,Medicinska fakulteten,Department of Health Sciences,Faculty of Medicine(Swepub:lu)smi-bli (author)
Lindström, MartinLund University,Lunds universitet,Socialepidemiologi,Forskargrupper vid Lunds universitet,Social Epidemiology,Lund University Research Groups(Swepub:lu)ekh-ml0 (author)
Nystedt, PaulLinköpings universitet,Lund University,Lunds universitet,Institutionen för hälsovetenskaper,Medicinska fakulteten,Department of Health Sciences,Faculty of Medicine,Filosofiska fakulteten,Nationalekonomi och ekonomisk historia,University of Linköping(Swepub:hj)nyspau (author)
Nationalekonomiska institutionenEkonomihögskolan (creator_code:org_t)

By the author/editor: Bolin, Kristian; Lindgren, Björn; Lindström, Marti ...; Nystedt, Paul

About the subject

MEDICAL AND HEALTH SCIENCES: MEDICAL AND HEAL ...; and Health Sciences; and Public Health Gl ...

By the university: Lund University; Linköping University; Jönköping University

Kungliga biblioteket hanterar dina personuppgifter i enlighet med EU:s dataskyddsförordning (2018), GDPR. Läs mer om hur det funkar här.
Så här hanterar KB dina uppgifter vid användning av denna tjänst.