State Dependence in Self-Assessed Health in Spain.

• Autores: Sara Ayllón, Cristina Blanco Pérez
• Localización: Hacienda Pública Española / Review of Public Economics, ISSN 0210-1173, Nº 202, 2012, págs. 9-30
• Idioma: español
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• Resumen

  • This paper studies for the first time the importance of the contribution of state dependence to the explanation of self-assessed health dynamics in Spain. With this objective in mind, we estimate a series of econometric models including a new proposal for a Heckman selection model with an initial conditions equation run as an ordered probit. Evidence suggests that state dependence and unobserved heterogeneity account for much of the probability of reporting a specific health status while the significance of observed heterogeneity vanishes when controlling for both. However, state dependence looses importance once the error structure of the estimations is improved.