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Obesity and bankruptcy: Evidence from US counties

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  • Kuroki, Masanori

Abstract

Using annual county-level data on nonbusiness bankruptcy for the period 2005–2017 and obesity for the period 2004–2016, this paper finds that higher obesity rates are associated with higher bankruptcy rates beyond what can be explained by local economic conditions and demographic characteristics, state-specific economic shocks, and county-specific time trends. The magnitude suggests that a one-percentage point increase in the obesity rate is associated with a 0.02−0.03 increase (or a 1.0 percent increase) in Chapter 7 bankruptcy rates per 1000 residents and a 0.02−0.04 increase (or a 3–4 percent increase) in Chapter 13 bankruptcy rates per 1000 residents.

Suggested Citation

  • Kuroki, Masanori, 2020. "Obesity and bankruptcy: Evidence from US counties," Economics & Human Biology, Elsevier, vol. 38(C).
    • Handle: RePEc:eee:ehbiol:v:38:y:2020:i:c:s1570677x19301509
    DOI: 10.1016/j.ehb.2020.100873
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    References listed on IDEAS

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    1. Guettabi, Mouhcine & Munasib, Abdul, 2015. "The Impact of Obesity on Consumer Bankruptcy," Economics & Human Biology, Elsevier, vol. 17(C), pages 208-224.
    2. Abadie, Alberto & Diamond, Alexis & Hainmueller, Jens, 2010. "Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California’s Tobacco Control Program," Journal of the American Statistical Association, American Statistical Association, vol. 105(490), pages 493-505.
    3. Lars Lefgren & Frank McIntyre, 2009. "Explaining the Puzzle of Cross-State Differences in Bankruptcy Rates," Journal of Law and Economics, University of Chicago Press, vol. 52(2), pages 367-393, May.
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    Cited by:

    1. Jones, Benjamin A., 2023. "Can invasive species lead to sedentary behavior? The time use and obesity impacts of a forest-attacking pest," Journal of Environmental Economics and Management, Elsevier, vol. 119(C).

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    More about this item

    Keywords

    Obesity; Bankruptcy; Personal finance; Health; Medical expense;
    All these keywords.

    JEL classification:

    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • I10 - Health, Education, and Welfare - - Health - - - General
    • I13 - Health, Education, and Welfare - - Health - - - Health Insurance, Public and Private

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