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  5. The Economic Burden of Dementia in India

AEA Papers and Proceedings

ISSN 2574-0768 (Print) | ISSN 2574-0776 (Online)

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The Economic Burden of Dementia in India

  • Marco Angrisani
  • Maria Casanova
  • Jinkook Lee
  • Erik Meijer
AEA Papers and Proceedings
vol. 114, May 2024
(pp. 418–22)
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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.

Citation

Angrisani, Marco, Maria Casanova, Jinkook Lee, and Erik Meijer. 2024. "The Economic Burden of Dementia in India." AEA Papers and Proceedings, 114: 418–22. DOI: 10.1257/pandp.20241061

Additional Materials

JEL Classification

  • I12 Health Behavior
  • I18 Health: Government Policy; Regulation; Public Health
  • J14 Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
  • O15 Economic Development: Human Resources; Human Development; Income Distribution; Migration
  • Z13 Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification