The economic burden of chronic diseases: Estimates and projections for China, Japan, and South Korea
We propose a novel framework to analyze the macroeconomic impact of non-communicable diseases. We incorporate measures of disease prevalence into a human capital augmented production function, which enables us to determine the economic burden of chronic health conditions in terms of foregone gross d...
| Main Authors: | , , , , , |
|---|---|
| Format: | Journal Article |
| Published: |
2019
|
| Online Access: | http://hdl.handle.net/20.500.11937/74263 |
| _version_ | 1848763225283231744 |
|---|---|
| author | Bloom, D. Chen, S. Kuhn, M. McGovern, M. Oxley, Leslie Prettner, K. |
| author_facet | Bloom, D. Chen, S. Kuhn, M. McGovern, M. Oxley, Leslie Prettner, K. |
| author_sort | Bloom, D. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | We propose a novel framework to analyze the macroeconomic impact of non-communicable diseases. We incorporate measures of disease prevalence into a human capital augmented production function, which enables us to determine the economic burden of chronic health conditions in terms of foregone gross domestic product (GDP). Unlike earlier frameworks, this approach allows us to account for i) variations in human capital for workers in different age groups, ii) mortality and morbidity effects of non-communicable diseases, and iii) the treatment costs of diseases. We apply our methodology to China, Japan, and South Korea, and estimate the economic burden of chronic conditions in five domains (cardiovascular diseases, cancer, chronic respiratory diseases, diabetes, and mental health conditions). Overall, total losses associated with these diseases over the period 2010–2030 are (measured in real USD with the base year 2010) estimated to be $7.7 trillion for China, $3.5 trillion for Japan, and $1 trillion for South Korea. |
| first_indexed | 2025-11-14T11:00:04Z |
| format | Journal Article |
| id | curtin-20.500.11937-74263 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T11:00:04Z |
| publishDate | 2019 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-742632019-07-12T06:14:31Z The economic burden of chronic diseases: Estimates and projections for China, Japan, and South Korea Bloom, D. Chen, S. Kuhn, M. McGovern, M. Oxley, Leslie Prettner, K. We propose a novel framework to analyze the macroeconomic impact of non-communicable diseases. We incorporate measures of disease prevalence into a human capital augmented production function, which enables us to determine the economic burden of chronic health conditions in terms of foregone gross domestic product (GDP). Unlike earlier frameworks, this approach allows us to account for i) variations in human capital for workers in different age groups, ii) mortality and morbidity effects of non-communicable diseases, and iii) the treatment costs of diseases. We apply our methodology to China, Japan, and South Korea, and estimate the economic burden of chronic conditions in five domains (cardiovascular diseases, cancer, chronic respiratory diseases, diabetes, and mental health conditions). Overall, total losses associated with these diseases over the period 2010–2030 are (measured in real USD with the base year 2010) estimated to be $7.7 trillion for China, $3.5 trillion for Japan, and $1 trillion for South Korea. 2019 Journal Article http://hdl.handle.net/20.500.11937/74263 10.1016/j.jeoa.2018.09.002 restricted |
| spellingShingle | Bloom, D. Chen, S. Kuhn, M. McGovern, M. Oxley, Leslie Prettner, K. The economic burden of chronic diseases: Estimates and projections for China, Japan, and South Korea |
| title | The economic burden of chronic diseases: Estimates and projections for China, Japan, and South Korea |
| title_full | The economic burden of chronic diseases: Estimates and projections for China, Japan, and South Korea |
| title_fullStr | The economic burden of chronic diseases: Estimates and projections for China, Japan, and South Korea |
| title_full_unstemmed | The economic burden of chronic diseases: Estimates and projections for China, Japan, and South Korea |
| title_short | The economic burden of chronic diseases: Estimates and projections for China, Japan, and South Korea |
| title_sort | economic burden of chronic diseases: estimates and projections for china, japan, and south korea |
| url | http://hdl.handle.net/20.500.11937/74263 |