The value of normal body weight: evidence from Iceland
| Autor: | Arnar Buason, Thorhildur Ólafsdóttir, Brynja Jonbjarnardottir, Tinna Laufey Ásgeirsdóttir |
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| Přispěvatelé: | Hagfræðideild (HÍ), Faculty of Economics (UI), Félagsvísindasvið (HÍ), School of Social Sciences (UI), Háskóli Íslands, University of Iceland |
| Rok vydání: | 2020 |
| Předmět: |
Economics and Econometrics
050208 finance Offita media_common.quotation_subject 05 social sciences nutritional and metabolic diseases Overweight medicine.disease Obesity Normal body weight Willingness to pay Normal weight 0502 economics and business Happiness medicine Economics 050207 economics medicine.symptom Underweight Health economics Value (mathematics) Heilsuhagfræði media_common Demography |
| Zdroj: | Applied Economics. 53:2292-2304 |
| ISSN: | 1466-4283 0003-6846 |
| DOI: | 10.1080/00036846.2020.1859450 |
| Popis: | Calculations of societal costs of underweight, overweight and obesity have generally failed to include the value of the utility reductions, associated with deviations from normal weight. To remedy this, the monetary compensation needed to offset the welfare loss associated with being underweight, overweight, or obese, according to World Health Organizations standards, is estimated. For this purpose, the compensating income variation (CIV) method is applied to individual-level data from an Icelandic health and lifestyle survey carried out in 2007, 2009, 2012, and 2017. The results show that both males and females would on average be willing to pay a positive amount to move from obesity to normal weight, albeit a varying amount by income group. The CIV for moving from obesity to normal weight among males for the low-, medium-, and high-income groups are $18,022, $25,768, and $632,002 per year. In comparison the same results for females are $9,191, $16,239, and $95,494. However, only females show a positive willingness to pay for not being overweight. The CIV for overweight females for the three income groups is $3,608, $6,375, and $37,488 per year. The authors gratefully acknowledge financial support from The Icelandic Research Fund [grant number 184975] and the University of Iceland Research Fund. Pre-print (óritrýnt handrit) |
| Databáze: | OpenAIRE |
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