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Household Production and Health

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  • Michael Grossman

Abstract

This paper highlights the influence of the new home economics in general and Jacob Mincer's work in particular on the field of health economics. I begin by considering the value of time as a determinant of adult health and medical care utilization. I then turn to a similar treatment in the case of children's health and medical care utilization. I conclude with alternative explanations of the positive relationship between years of formal schooling completed and health, a topic that deals with complementary relationships between the two most important components of the stock of human capital. Copyright Kluwer Academic Publishers 2003

Suggested Citation

  • Michael Grossman, 2003. "Household Production and Health," Review of Economics of the Household, Springer, vol. 1(4), pages 331-342, December.
    • Handle: RePEc:kap:reveho:v:1:y:2003:i:4:p:331-342
    DOI: 10.1023/B:REHO.0000004793.86020.75
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    Cited by:

    1. Pinar Mine GUNES & Magda TSANEVA, 2020. "The Effects of Teenage Childbearing on Education, Physical Health, and Mental Distress: Evidence from Mexico," JODE - Journal of Demographic Economics, Cambridge University Press, vol. 86(2), pages 183-206, June.
    2. Weale, Martin, 1992. "Education, externalities, fertility, and economic growth," Policy Research Working Paper Series 1039, The World Bank.
    3. Cinzia Di Novi, 2007. "An Economic Evaluation of Life-Style and Air-pollution-related Damages: Results from the BRFSS," JEPS Working Papers 07-001, JEPS.
    4. Michael Grossman, 2016. "‘A Theory of the Allocation of Time’ Turns Fifty: Its Impact on the Field of Health Economics," Health Economics, John Wiley & Sons, Ltd., vol. 25(1), pages 3-7, January.
    5. Kimberly-Ann Gittens-Baynes, 2022. "Understanding individual health decision-making in small developing countries a theoretical model," SN Business & Economics, Springer, vol. 2(9), pages 1-16, September.
    6. Li Gan & Guan Gong, 2007. "Estimating Interdependence Between Health and Education in a Dynamic Model," NBER Working Papers 12830, National Bureau of Economic Research, Inc.
    7. Jared C. Carbone & Snorre Kverndokk, 2016. "Individual Investments in Education and Health: Policy Responses and Interactions," CESifo Working Paper Series 6154, CESifo.
    8. Luca Benzon & Olena Chyruk, 2015. "The Value and Risk of Human Capital," Annual Review of Financial Economics, Annual Reviews, vol. 7(1), pages 179-200, December.
    9. Krecik, Markus, 2024. "Preference dynamics: A procedurally rational model of time and effort allocation," Discussion Papers 2024/1, Free University Berlin, School of Business & Economics.
    10. Costa-Font, Joan & Gil, Joan, 2008. "What lies behind socio-economic inequalities in obesity in Spain A decomposition approach," Food Policy, Elsevier, vol. 33(1), pages 61-73, February.
    11. Pınar Mine Güneş, 2016. "The effects of teenage childbearing on long-term health in the US: a twin-fixed-effects approach," Review of Economics of the Household, Springer, vol. 14(4), pages 891-920, December.
    12. George Davis, 2014. "Food at home production and consumption: implications for nutrition quality and policy," Review of Economics of the Household, Springer, vol. 12(3), pages 565-588, September.
    13. Carbone, Jared C. & Kverndokk, Snorre, 2014. "Individual investments in education and health," HERO Online Working Paper Series 2014:1, University of Oslo, Health Economics Research Programme.
    14. Joan Costa Font & Joan Gil Trasfi, 2005. "Obesity and the Incidence of Chronic Diseases: a Seemingly Unrelated Probit Approach," Working Papers in Economics 137, Universitat de Barcelona. Espai de Recerca en Economia.

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    new home economics; health economics;

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