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The Economic Burden of Dementia in India

Author

Listed:
  • Marco Angrisani
  • Maria Casanova
  • Jinkook Lee
  • Erik Meijer

Abstract

This paper provides the first estimate of the economic cost borne by Indian individuals living with dementia and their families based on nationally and state-wise representative data from the Longitudinal Aging Study in India (LASI). We found that the annual household cost attributable to dementia was $571. This is a significant figure, equivalent to 20 percent of annual healthcare spending by the Indian government. Our results identify important differences in cost components relative to high-income countries, emphasizing the need for culturally tailored interventions to support people living with the condition and their families in the Indian context.

Suggested Citation

  • Marco Angrisani & Maria Casanova & Jinkook Lee & Erik Meijer, 2024. "The Economic Burden of Dementia in India," AEA Papers and Proceedings, American Economic Association, vol. 114, pages 418-422, May.
    • Handle: RePEc:aea:apandp:v:114:y:2024:p:418-22
    DOI: 10.1257/pandp.20241061
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    More about this item

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

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