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Health Capacity to Work among Older Adults in Viet Nam

Author

Listed:
  • LONG THANH GIANG

    (Faculty of Economics, National Economics University, Ha Noi, Vietnam)

  • AIKO KIKKAWA

    (Economic Research and Development Impact Department, Asian Development Bank (ADB), Metro Manila, Philippines)

  • DONGHYUN PARK

    (Economic Research and Development Impact Department, Asian Development Bank (ADB), Metro Manila, Philippines)

Abstract

In this paper, we estimated the additional health capacities to work of older Vietnamese adults by applying the Milligan–Wise and Cutler–Meara–Richards-Shubik methods with various nationally representative datasets. In following these methods, we postulated that older adults’ mortality rates, life expectancies, and health statuses were comparable to their younger counterparts. We found that there were significant differences in employment rates between various groups of older male and female adults, in which women generally had higher capacities to work than men if they both had similar mortality rates. Along with other sociodemographic and economic factors, health status is a significant factor in determining the probability of being employed for older adults. Based on these findings, we discuss needed policy options, with a focus on health-related issues, for Viet Nam to unleash the potential work capacities of older adults.

Suggested Citation

  • Long Thanh Giang & Aiko Kikkawa & Donghyun Park, 2024. "Health Capacity to Work among Older Adults in Viet Nam," Asian Development Review (ADR), World Scientific Publishing Co. Pte. Ltd., vol. 41(01), pages 195-225, March.
  • Handle: RePEc:wsi:adrxxx:v:41:y:2024:i:01:n:s0116110524400080
    DOI: 10.1142/S0116110524400080
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    More about this item

    Keywords

    capacity to work; employment; health; older adults; Viet Nam;
    All these keywords.

    JEL classification:

    • C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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