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Can Shopping Make People Healthier? Evidence From Panel Data in China
Peikun Luo1, Yongqing Chen1, Chien-Chiang Lee2
1School of Politics and Public Administration, Guangxi Minzu University, Nanning, China.
Summary
Understanding health in China: Increased consumption expenditure and social capital positively impact health. Living satisfaction mediates these effects, especially for rural residents benefiting from essential spending and education.
Area of Science:
- Health Economics
- Sociology of Health
- Public Health Policy
Background:
- Understanding the determinants of individual health is crucial for well-being research.
- Economic resources and social connections are recognized as key factors influencing health outcomes.
- China's rapid socioeconomic transformation necessitates research into evolving health determinants.
Purpose of the Study:
- To investigate the impact of consumption expenditure and social capital on individual health in China.
- To examine the mediating role of living satisfaction in the relationship between economic factors, social capital, and health.
- To identify specific consumption patterns that benefit health, particularly for vulnerable populations.
Main Methods:
- Utilized panel data from the China Family Panel Studies (CFPS) spanning 2016-2022.
- Employed a fixed-effect regression model to analyze the data.
- Conducted heterogeneity analysis to explore variations across demographic groups, specifically agricultural residents.
Main Results:
- Both overall consumption expenditure and social capital demonstrated a significant positive association with improved individual health.
- Living satisfaction was confirmed as a significant mediator, linking consumption expenditure and social capital to health.
- Agricultural residents experienced greater health benefits from expenditure on essentials and education.
Conclusions:
- Economic resources and social capital are vital components of health and well-being in China.
- Enhancing living satisfaction through strategic consumption and social integration can improve health outcomes.
- Targeted investments in basic living conditions and education are crucial for improving rural health, supporting broader public health goals.
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