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Periodical article | Leiden University catalogue | WorldCat |
Title: | The impact of HIV/AIDS on economic growth in sub-Saharan Africa |
Authors: | Lovász, Enrico Schipp, Bernhard |
Year: | 2009 |
Periodical: | South African Journal of Economics |
Volume: | 77 |
Issue: | 2 |
Pages: | 245-256 |
Language: | English |
Geographic term: | Subsaharan Africa |
Subjects: | economic development income labour force AIDS |
External link: | https://onlinelibrary.wiley.com/doi/10.1111/j.1813-6982.2009.01210.x/pdf |
Abstract: | This study investigates the hypothesis that the HIV/AIDS epidemic slows down the pace of economic growth. It examines 41 Sub-Saharan African countries by using the empirical growth equation in an augmented Solow model in which health capital serves as a determinant of human capital. Econometric analysis is based on panel data and covers the period 1997-2005. The study controls for a variety of factors possibly correlated with HIV prevalence that might also influence economic growth. As a key result it proves that the epidemic has a significant negative effect on the growth rate of per capita GDP in Sub-Saharan Africa. Bibliogr., note, sum. [Journal abstract] |