Economic impacts of health shocks on households in low and middle income countries: a review of the literature
Khurshid Alam, Ajay Mahal
GLOBALIZATION AND HEALTH | BIOMED CENTRAL LTD | Published : 2014
Poor health is a source of impoverishment among households in low -and middle- income countries (LMICs) and a subject of voluminous literature in recent years. This paper reviews recent empirical literature on measuring the economic impacts of health shocks on households. Key inclusion criteria were studies that explored household level economic outcomes (burden of out-of-pocket (OOP) health spending, labour supply responses and non-medical consumption) of health shocks and sought to correct for the likely endogeneity of health shocks, in addition to studies that measured catastrophic and impoverishment effects of ill health. The review only considered literature in the English language and ..View full abstract
KA acknowledges the funding from Australian Postgraduate Award (APA) and Endeavour International Postgraduate Research Scholarship (IPRS). AM acknowledges the funding of Alan and Elizabeth Finkel Chair in Global Health.