Theoretical and Applied Economics
No. 1 / 2023 (634), Spring
Adjusting the 5C pentagon for better health policymaking: observing the leading behavioural risks factors (diet, smoking, and alcohol consumption)
National University of Political Studies and Public Administration, Bucharest, Romania
Cristina Elena NICOLESCU
National University of Political Studies and Public Administration, Bucharest, Romania
Abstract. Smoking, alcohol consumption, and dietary risks pertain to the goods that can destabilise the market should their production trigger too many negative externalities and not enough research to counterbalance them. Moreover, all three are among the factors that, connected to ever-present risky behaviours, drive the most death and disability combined (the other two risk factors being the metabolic ones and the environmental/occupational risks). Therefore, they are to be considered as relevant to both the perceived health of the population and analysed in relation to the data on smokers, alcohol consumers, and poor diet impact.
However, the design of these health policies must be adapted to the pattern of national culture of Romania, increasing the degree of their acceptance by the population. This is particularly true when less-damage alternatives are present in the market. Policymakers should incentivize their use over more-damaging products. In fact, the existence of better alternatives deepens the market failure that a sub-optimal allocation of resources produces when consumers opt for more damaging products over better goods. Clearly, the objective of policymakers ought to be to differentiate based on the risk profile of the products present on the market.
Keywords: health policy, cost, national culture, behavioural risk factors.
Contents
- Obstacles to innovation and policy implications:
exploring the case of Romanian firms
Mihaela DIACONU
- Adjusting the 5C pentagon for better health policymaking:
observing the leading behavioural risks factors
(diet, smoking, and alcohol consumption)
Ioana Teodora BIŢOIU
Cristina Elena NICOLESCU
- Incentivizing CEOs via pay and forced turnover:
Do tenure and managerial ability matter?
Nadide BANU OLCAY GÜNER
- Forecasting the Romanian inflation rate: An Autoregressive
Integrated Moving-Average (ARIMA) approach
Rareș-Petru MIHALACHE
Dumitru Alexandru BODISLAV
- The effects of geopolitical risks on tourism revenues
of the Middle East and Asian countries
Ismet GOCER
Peter KOVACS
- The potential of macroeconomic forces and ICT
in affecting the sectorial growth: ARDL approach
in the context of East Asian countries
Sadik Aden DIRIR
- Validity of asset pricing models in Istanbul Stock Exchange
(ISE) information technology index
Akin ARDA
Arif SALDANLI
Sümeyra UZUN
- Dynamic relationship between external debt
and unemployment in Sub-Saharan Africa
Samuel Erasmus ALNAA
Juabin MATEY
- An analysis of factors influencing empowerment
of rural women through Deendayal Antyodaya Yojana –
National Rural Livelihood Mission (SGSY)
Ravi Kumar GUPTA
Udit MAHESHWARI
Debendra Nath DAS
- The impact of Covid-19 payment moratoria
on the Romanian banking system
Eugen-Marian VIERESCU
- Uncertainty and monetary policy during the Covid-19 pandemic
in Tunisia: Evidence from a Bayesian VAR
Dorra TURKI
Foued Badr GABSI
- Research on the evolution of migration in Romania
after the fall of the communist regime
Ioana Manuela MÎNDRICAN
Elena Florentina MATEI
- Black Sea and East Mediterranean
approach on sustainable development
Elena-Iulia CHITA
Silvia DUMITRESCU-POPA
- An economic analysis of trade war and deglobalization
in current international relations
within the paradigm of globalization
Altaf Hussain PADDER
- Financial difficulties and economic recession:
Evidence from Canadian seniors
Samir AMINE
Wilner PREDELUS
- Inflation targeting and exchange rate pass-through in India:
Lessons from international experience
Arshid Hussain PEER
Mirza Allim BAIG
- The circular economics of constructions
Rareș-Mihai NIȚU
- Market mood index and stock market.
Evidence from National Stock Exchange
Neha SETH
Yogesh KUMAR
- Analysis of the effects of social and fiscal policy
on incomes during the COVID-19 pandemic in Romania
Eva MILITARU
Amalia CRISTESCU
Silvana BOBÂRNAT