Do dietary supplements improve perceived health well‐being? Evidence from korea

This study analyzes the self‐reported intake of dietary supplements (DS) and their effects on perceived health well‐being from a survey with 1210 adult respondents in Korea. To account for selectivity bias from observable confounders, we use a propensity score matching (PSM) model. Our findings show that demographics, health concerns, family history of disease, frequency of hos-pital visits, and regular exercise are positively associated with intake of DS among consumers. Results from PSM show that the intake of DS leads to significant improvements in perceived health well‐being among DS takers relative to DS non‐takers regardless of gender, urban residence, having self‐reported diseases or not. The paper concludes with implications for policies that promote intake of DS in Korea.