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The Economics of Healthy Ageing in China

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  • Heshmati, Almas

    (Jönköping International Business School (JIBS), Centre of Excellence for Science and Innovation Studies (CESIS),& Department of Economics, Sogang University, Seoul, South Korea)

Abstract

Healthy ageing is a challenge for many countries with significant shares of elderly people. Literature refers to China’s ageing population as a ticking time bomb which paradoxically is both a challenge and an opportunity for the country. Health is considered an important determinant of economic growth and competitiveness. The health of the elderly population determines its need for resources and care. Thus, investing in healthy ageing contributes to economic and social well-being. This study is a review of literature on the social and economic aspects of healthy ageing. It summarizes alternative approaches presented in literature to ease pressures of a rapidly growing ageing population. The main focus is on strategies for healthy ageing, policy practices and measures, organization, finances and manpower resources to promote healthy ageing in China. Up-to-date theories and methods applied to household surveys and population statistics are used to quantify the problem, resource requirements and estimating the social and economic benefits of having policies and measures for healthy ageing. Conclusions are drawn with respect to conditions of healthy ageing in China and about the state policy in this regard.

Suggested Citation

  • Heshmati, Almas, 2016. "The Economics of Healthy Ageing in China," Working Paper Series in Economics and Institutions of Innovation 432, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    • Handle: RePEc:hhs:cesisp:0432
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    References listed on IDEAS

    as
    1. Almas Heshmati (ed.), 2016. "Poverty and Well-Being in East Africa," Economic Studies in Inequality, Social Exclusion, and Well-Being, Springer, number 978-3-319-30981-1, March.
    2. Cheng, Yang & Rosenberg, Mark W. & Wang, Wuyi & Yang, Linsheng & Li, Hairong, 2011. "Aging, health and place in residential care facilities in Beijing, China," Social Science & Medicine, Elsevier, vol. 72(3), pages 365-372, February.
    3. Marmot, Michael & Allen, Jessica & Goldblatt, Peter, 2010. "A social movement, based on evidence, to reduce inequalities in health," Social Science & Medicine, Elsevier, vol. 71(7), pages 1254-1258, October.
    4. Chandra, Amitabh & Vogl, Tom S., 2010. "Rising up with shoe leather? A comment on Fair Society, Healthy Lives (The Marmot Review)," Social Science & Medicine, Elsevier, vol. 71(7), pages 1227-1230, October.
    5. Canning, David & Bowser, Diana, 2010. "Investing in health to improve the wellbeing of the disadvantaged: Reversing the argument of Fair Society, Healthy Lives (The Marmot Review)," Social Science & Medicine, Elsevier, vol. 71(7), pages 1223-1226, October.
    6. Sixsmith, J. & Sixsmith, A. & Fänge, A. Malmgren & Naumann, D. & Kucsera, C. & Tomsone, S. & Haak, M. & Dahlin-Ivanoff, S. & Woolrych, R., 2014. "Healthy ageing and home: The perspectives of very old people in five European countries," Social Science & Medicine, Elsevier, vol. 106(C), pages 1-9.
    7. Crimmins, Eileen M. & Saito, Yasuhiko, 2001. "Trends in healthy life expectancy in the United States, 1970-1990: gender, racial, and educational differences," Social Science & Medicine, Elsevier, vol. 52(11), pages 1629-1641, June.
    8. Almas Heshmati, 2016. "Introduction and Summary of Poverty and Well-Being in East Africa: A Multifaceted Economic Approach," Economic Studies in Inequality, Social Exclusion, and Well-Being, in: Almas Heshmati (ed.), Poverty and Well-Being in East Africa, chapter 0, pages 1-7, Springer.
    9. Mekonnen Bersisa & Almas Heshmati, 2016. "Multidimensional Measure of Poverty in Ethiopia: Factor and Stochastic Dominance Analysis," Economic Studies in Inequality, Social Exclusion, and Well-Being, in: Almas Heshmati (ed.), Poverty and Well-Being in East Africa, chapter 0, pages 215-238, Springer.
    10. Subramanyam, Malavika A. & Kawachi, Ichiro & Subramanian, S.V., 2010. "Reactions to Fair Society, Healthy Lives (The Marmot Review)," Social Science & Medicine, Elsevier, vol. 71(7), pages 1221-1222, October.
    11. Zhao, Meng & Konishi, Yoshifumi & Glewwe, Paul, 2013. "Does information on health status lead to a healthier lifestyle? Evidence from China on the effect of hypertension diagnosis on food consumption," Journal of Health Economics, Elsevier, vol. 32(2), pages 367-385.
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    Keywords

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    JEL classification:

    • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • P36 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

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