The economic impact of AIDS in sub-Saharan Africa

Azomahou, Théophile T., Boucekkine, Raouf and Diene, Bity (2008). The economic impact of AIDS in sub-Saharan Africa. UNU-MERIT.

Document type:
Report

Metadata
Documents
Versions
Statistics
  • Attached Files (Some files may be inaccessible until you login with your UNU Collections credentials)
    Name Description MIMEType Size Downloads
    wp2008-038.pdf PDF application/pdf 342.94KB
  • Sub-type Working paper
    Author Azomahou, Théophile T.
    Boucekkine, Raouf
    Diene, Bity
    Title The economic impact of AIDS in sub-Saharan Africa
    Publication Date 2008
    Place of Publication Maastricht, NL
    Publisher UNU-MERIT
    Pages 36
    Abstract In this paper, a simple general equilibrium model à la Solow is developed to capture the impact of AIDS on economic growth. To this end, a benchmark model due to Cuddington and Hancock (1994) is extended in various directions. In particular, the sharply declining life expectancy patterns are clearly re°ected in the enlarged model through a generic Ben-Porath mechanism. AIDS-related health expenditures are incorporated as well. Using up-do-date optimal forecasting methods, the model applied to South Africa shows that while a relatively short term assessment might not reveal any dramatic AIDS growth e®ect, the medium/long run impact can be truly devastating. In particular, the heavy trends in mortality and life expectancy currently induced by AIDS are shown to be potentially at least twice more detrimen-tal for per capita economic growth in the period 2020-2030 compared to 2000-2010.
    Keyword Epidemics
    Life expectancy
    Economic growth
    AIDS
    JEL C61
    C62
    O41
    Copyright Holder UNU-MERIT
    Copyright Year 2008
    Copyright type All rights reserved
    ISSN 18719872
  • Versions
    Version Filter Type
  • Citation counts
    Google Scholar Search Google Scholar
    Access Statistics: 382 Abstract Views, 92 File Downloads  -  Detailed Statistics
    Created: Wed, 11 Dec 2013, 16:16:08 JST