Arbeitspapier
Ageing and consumer spending: Some preliminary findings from India and China
The health care for elderly population remains an important concern in the two populated economies of India and China. This paper provides an attempt to determine the extent of population aging in India and China and subsequently determine the ageing impacts on the aggregate as well as health care expenditures in these two countries, separately for the rural and urban areas. The respective state level (provincial) data from the most recent census information reveal wide regional differences in the levels of population aging in both India and China. The results of our cross-sectional regressions indicate statistically significant and positive impact of population ageing on the total as well as medical expenditures in both the rural and urban regions of India. In the case of China, the impact of old-age population turned out to be insignificant (statistically) on the total consumption expenditures for both the rural and urban areas. As concerns the impacts of ageing on the proportion of health care expenditure, only rural China reveals statistically significant and positive coefficients.
- Language
-
Englisch
- Bibliographic citation
-
Series: ARTNeT Working Paper Series ; No. 163
- Classification
-
Wirtschaft
Economics of the Elderly; Economics of the Handicapped; Non-labor Market Discrimination
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Analysis of Health Care Markets
Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
Economywide Country Studies: Asia including Middle East
- Subject
-
Population Ageing
Life Cycle Model
Health Care Expenditures
Cross-Sectional Models
India
China
- Event
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Geistige Schöpfung
- (who)
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Deb, Surajit
- Event
-
Veröffentlichung
- (who)
-
Asia-Pacific Research and Training Network on Trade (ARTNeT)
- (where)
-
Bangkok
- (when)
-
2016
- Handle
- Last update
- 10.03.2025, 11:45 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Deb, Surajit
- Asia-Pacific Research and Training Network on Trade (ARTNeT)
Time of origin
- 2016
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