The Economic Burden of Dementia in India

Marco Angrisani, Maria Casanova, Jinkook Lee and Erik Meijer

AEA Papers and Proceedings, 2024, vol. 114, 418-22

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.

JEL-codes: I12 I18 J14 O15 Z13 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1257/pandp.20241061

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