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Investments in soci...
Investments in social capital - implications of social interactions for the production of health
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- Bolin, Kristian (author)
- Lund 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
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- Lindgren, Björn (author)
- Lund University,Lunds universitet,Institutionen för hälsovetenskaper,Medicinska fakulteten,Department of Health Sciences,Faculty of Medicine
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- Lindström, Martin (author)
- Lund University,Lunds universitet,Socialepidemiologi,Forskargrupper vid Lunds universitet,Social Epidemiology,Lund University Research Groups
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- Nystedt, Paul (author)
- Linköpings 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
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(creator_code:org_t)
- 2003
- 2003
- English.
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In: Social Science and Medicine. - 1873-5347 .- 0277-9536. ; 56:12, s. 2379-2390
- Related links:
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http://dx.doi.org/10...
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https://lup.lub.lu.s...
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https://doi.org/10.1...
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https://urn.kb.se/re...
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https://urn.kb.se/re...
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Abstract
Subject headings
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- 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.
Subject headings
- MEDICIN OCH HÄLSOVETENSKAP -- Hälsovetenskap -- Folkhälsovetenskap, global hälsa, socialmedicin och epidemiologi (hsv//swe)
- MEDICAL AND HEALTH SCIENCES -- Health Sciences -- Public Health, Global Health, Social Medicine and Epidemiology (hsv//eng)
Keyword
- health
- human capital
- social capital
- Sweden
- Grossman model
- family
- SOCIAL SCIENCES
Publication and Content Type
- art (subject category)
- ref (subject category)
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