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Table 4 Comparisons of monetary values of health behaviours estimated based on income with/without indirect effect adjustment

From: A life satisfaction approach to valuing the impact of health behaviours on subjective well-being

Variables

Direct effect of income

Full (direct and indirect) effect of income

β Coefficient

Monetary valuec

β Coefficient

Monetary value

Logarithm (household income)

0.09a

n/a

0.23b

n/a

Leisure time physical activity

 Active

0.14

$1092/week

0.14

$631/week

 Moderately active

0.08

$815/week

0.08

$407/week

Frequency of fruit and vegetable consumption (daily)

0.02

$276/week

0.02

$115/week

Smoke-free

0.12

$1019/week

0.12

$563/week

  1. aIncome coefficient was obtained from the full life satisfaction model in Table 2
  2. bIncome coefficient was the sum of direct (Table 2) and indirect (Table 3) effect of income
  3. cMonetary value was estimated using the formula: M0 – e[ln(M0)- β2/ β1]
  4. M0: Annual average household income: $71,975; β1: coefficient of income (Bold); β2: coefficient of health behaviours