The effect of college education on health and mortality: Evidence from Canada
Authors: Guy Lacroix, Francois Laliberté-Auger, Pierre-Carl Michaud, and Daniel Parent
Overview
Abstract (English)
We investigate the returns to college attendance in Canada in terms of health and mortality reduction. To do so, we first use a dynamic health microsimulation model to document how interventions that incentivize college attendance among high school graduates may impact their health trajectory, health care consumption, and life expectancy. We find large returns both in terms of evity (4.1 years additional years at age 51), reduction in the prevalence of various health conditions (10-15 percentage points reduction in diabetes and 5 percentage points for stroke), and health care consumption (27.3% reduction in lifetime hospital stays, 19.7 for specialists). We find that education impacts mortality mostly by delaying the incidence of health conditions as well as providing a survival advantage conditional on having diseases. Second, we provide quasi-experimental evidence on the impact of college attendance on long-term health outcomes by exploiting the Canadian Veteran’s Rehabilitation Act, a program targeted towards returning WW-II veterans and which incentivized college attendance. The impact on mortality is found to be larger than those estimated from the health microsimulation model (hazard ratio of 0.216 compared with 0.6 in the simulation model), which suggests substantial returns to college education in terms of healthy life extension which we estimate to be approximately one million Canadian dollars.
Abstract (French)
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Details
Type | Journal article |
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Author | Guy Lacroix, Francois Laliberté-Auger, Pierre-Carl Michaud, and Daniel Parent |
Publication Year | 2019 |
Title | The effect of college education on health and mortality: Evidence from Canada |
Volume | ePub ahead of Print |
Journal Name | Health Economics |
Publication Language | English |
- Guy Lacroix
- Guy Lacroix, Francois Laliberté-Auger, Pierre-Carl Michaud, and Daniel Parent
- The effect of college education on health and mortality: Evidence from Canada
- Health Economics
- ePub ahead of Print
- 2019