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Growth Economics of Epidemics: A Review of the Theory

Author

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  • Raouf Boucekkine
  • Bity Diene
  • Theophile Azomahou

Abstract

This survey of economic growth theory applied to epidemiology highlights that Blanchard-Yaari structures involving a Lucas human capital accumulation are appropriate to study an AIDS-like crisis. Physical capital accumulation, schooling, health expenditures and supply effects are put together within a Blanchard two-sector economy to capture life-cycle effects of AIDS-like epidemics.

Suggested Citation

  • Raouf Boucekkine & Bity Diene & Theophile Azomahou, 2008. "Growth Economics of Epidemics: A Review of the Theory," Mathematical Population Studies, Taylor & Francis Journals, vol. 15(1), pages 1-26.
    • Handle: RePEc:taf:mpopst:v:15:y:2008:i:1:p:1-26
    DOI: 10.1080/08898480701792410
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