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Are 'complementary and alternative medicines' alternative to conventional medical system? An economic evaluation

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  • Tuhin K. Das
  • Dipanwita S. D. Choudhury

Abstract

The availability of conventional medical services (i.e., allopathy) is the basic need for a modern day living. Though this clause is easily met in the developed countries, but in the developing countries it is very difficult to accomplish. Hence in the developing countries a dearth is often created, which is filled to some extent by complementary and alternative medicines (CAM). In India this phenomenon is acutely noticied. In this regard, a study is highly needed to understand why do people go for complementary and alternative medicines? Is it for the very concept that the alternative medicines involve low cost, and/or are they equally or more effective than the familiar allopathic tretment? So, this study is an approach to (i) the determination of the socio-economic factors that influence the choice of complementary and alternative medical services by health purchasers, and also (ii) the estimation of the cost-effectiveness of these medical services.

Suggested Citation

  • Tuhin K. Das & Dipanwita S. D. Choudhury, 2007. "Are 'complementary and alternative medicines' alternative to conventional medical system? An economic evaluation," Applied Economics Letters, Taylor & Francis Journals, vol. 14(9), pages 697-700.
    • Handle: RePEc:taf:apeclt:v:14:y:2007:i:9:p:697-700
    DOI: 10.1080/13504850600592580
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    Cited by:

    1. van Gameren, Edwin, 2010. "Health insurance and use of alternative medicine in Mexico," Health Policy, Elsevier, vol. 98(1), pages 50-57, November.

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