Proceedings of the International Conference on Economics and Banking 2015

The Effects of the Ageing Population on Healthcare Expenditure: A Comparative Study of China and India

Authors
NurHaiza Nordin, NurNaddia Nordin, Nor Asma Ahmad
Corresponding Author
NurHaiza Nordin
Available Online May 2015.
DOI
https://doi.org/10.2991/iceb-15.2015.44How to use a DOI?
Keywords
Ageing population, healthcare expenditure, China, India and ARDL model
Abstract
The motivation of the study is to compare the impact of aging population on healthcare expenditure between China and India as demographic projection forecast that the percentage people above 65 years will be 26 percent by 2050. The used of long time series data of China and India from 1970 to 2011 helps us to identify the long run relationship between ageing population and healthcare expenditure using ARDL bound testing approach. The result of the bounds test showed that there is a stable, long-run relationship between the ageing population and healthcare expenditure, life expectancy, and GDPC. In fact, results revealed that the ageing population influences healthcare expenditure both in China and India. However, in the case of China the ageing population is a more dominant influence on healthcare expenditures because the total ageing in China is greater than that of the population in India
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This is an open access article distributed under the CC BY-NC license.

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Proceedings
International Conference on Economics and Banking (iceb-15)
Part of series
Advances in Economics, Business and Management Research
Publication Date
May 2015
ISBN
978-94-62520-86-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/iceb-15.2015.44How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - NurHaiza Nordin
AU  - NurNaddia Nordin
AU  - Nor Asma Ahmad
PY  - 2015/05
DA  - 2015/05
TI  - The Effects of the Ageing Population on Healthcare Expenditure: A Comparative Study of China and India
BT  - International Conference on Economics and Banking (iceb-15)
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/iceb-15.2015.44
DO  - https://doi.org/10.2991/iceb-15.2015.44
ID  - Nordin2015/05
ER  -