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Oksana Kuz'mich1, Sergey Roshchin1
  • 1 National Research University Higher School of Economics, 20 Myasnitskaya Str., Moscow, 101000, Russian Federation

Is it Really Better to be Healthy? Economic Returns on Healthcare in Russia

2008. Vol. 12. No. 1. P. 29–55 [issue contents]
This paper considers the economic returns to health in the Russian labor market. Empirical analysis the impact of health on labor supply and wages is provided on the base of RLMS data for 1994-2004. The problem of measuring health and different of subjective and objective health characteristics are discussed. The problem of health endogeneity is concerned. The results of estimation show considerable negative influence of poor health and relatively less in absolute value positive influence of good health on employment. We also have found a positive impact of good health on earnings.
Citation: Kuzmich O., Roshchin S. (2008) Luchshe li byt' zdorovym? Ekonomicheskaya otdacha ot zdorov'ya v Rossii [Is it Really Better to be Healthy? Economic Returns on Healthcare in Russia]. Ekonomicheskiy zhurnal VShE, vol. 12, no 1, pp. 29-55 (in Russian)
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