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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The impact of HIV/AIDS on economic growth in sub-Saharan Africa
Authors:Lovász, EnricoISNI
Schipp, BernhardISNI
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
Link:http://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]
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