Seminar ISER External Seminars
Non-Pecuniary Returns to Higher Education: the effect on smoking intensity in the UK
- Date and time
- Starts:
- Presented by
- Alfonso Miranda (School of Economics and Management Studies, University of Keele) (joint with Massimiliano Bratti)
In this paper we investigate whether higher education (HE)
produces non-pecuniary returns via a reduction in the consumption of health-damaging
substances. In particular, the paper focuses on studying the smok-ing
intensity of British individuals. We use data on current smokers from the
1970 British Cohort Study and estimate endogenous switching count models
for cigarette consumption. Results show that HE is endogenous with smok-ing.
Once endogeneity is controlled for, HE is found to have a higher negative
effect on smoking than in models where it is treated as exogenous.