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Growth Economics of Epidemics: A Review of the Theory

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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.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/08898480701792410
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Mathematical Population Studies.

Volume (Year): 15 (2008)
Issue (Month): 1 ()
Pages: 1-26

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Handle: RePEc:taf:mpopst:v:15:y:2008:i:1:p:1-26

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Web page: http://www.tandfonline.com/GMPS20

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Related research

Keywords: AIDS; epidemics; growth theory; health; human capital; life expectancy;

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References

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  2. BOUCEKKINE, Raouf & PEETERS, Dominique & de la CROIX, David, . "Early literacy achievements, population density and the transition to modern growth," CORE Discussion Papers RP -1911, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  3. McDonald, Scott & Roberts, Jennifer, 2006. "AIDS and economic growth: A human capital approach," Journal of Development Economics, Elsevier, vol. 80(1), pages 228-250, June.
  4. Raouf, BOUCEKKINE & David, DE LA CROIX & Dominique, PEETERS, 2007. "Disentangling the demographic determinants of the English take-off : 1530-1860," Discussion Papers (ECON - Département des Sciences Economiques) 2007019, Université catholique de Louvain, Département des Sciences Economiques.
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  6. Robert J. Barro, 2012. "Inflation and Economic Growth," CEMA Working Papers 568, China Economics and Management Academy, Central University of Finance and Economics.
  7. Boucekkine, Raouf & de la Croix, David & Licandro, Omar, 2000. "Vintage Human Capital, Demographic Trends and Endogenous Growth," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2000007, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
  8. BOUCEKKINE, Raouf & RUIZ-TAMARIT, Ramon, 2004. "Imbalance effects in the Lucas model: an analytical exploration," CORE Discussion Papers 2004008, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
  9. Raouf BOUCEKKINE & David DE LA CROIX & Omar LICANDRO, 2004. "Modelling vintage structures with DDEs: principles and applications," Economics Working Papers ECO2004/06, European University Institute.
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  14. Raouf, BOUCEKKINE & José R. , RUIZ-TAMARIT, 2004. "Special functions for the study of economic dynamics : The case of the Lucas-Uzawa model," Discussion Papers (IRES - Institut de Recherches Economiques et Sociales) 2004026, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
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  20. David E. Bloom & Ajay S. Mahal, 1995. "Does the AIDS Epidemic Really Threaten Economic Growth?," NBER Working Papers 5148, National Bureau of Economic Research, Inc.
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  22. Benhabib Jess & Perli Roberto, 1994. "Uniqueness and Indeterminacy: On the Dynamics of Endogenous Growth," Journal of Economic Theory, Elsevier, vol. 63(1), pages 113-142, June.
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  29. Alwyn Young, 2005. "The Gift of the Dying: The Tragedy of Aids and the Welfare of Future African Generations," The Quarterly Journal of Economics, MIT Press, vol. 120(2), pages 423-466, May.
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Citations

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Cited by:
  1. David, DE LA CROIX, 2008. "On the Golden Rule of capital accumulation under endogenous longevity," Discussion Papers (ECON - Département des Sciences Economiques) 2008032, Université catholique de Louvain, Département des Sciences Economiques.
  2. Karlsson, Martin & Nilsson, Therese & Pichler, Stefan, 2012. "What Doesn't Kill You Makes You Stronger? The Impact of the 1918 Spanish Flu Epidemic on Economic Performance in Sweden," Working Paper Series 911, Research Institute of Industrial Economics.
  3. Azomahou, Theophile & Soete, Luc & Diene, Bity & Diene, Mbaye, 2012. "Optimal health investment with separable and non-separable preferences," MERIT Working Papers 047, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  4. Pierre Pestieau & Grégory Ponthiere, 2012. "On the Policy Implications of Changing Longevity," CESifo Working Paper Series 3926, CESifo Group Munich.
  5. repec:hal:wpaper:halshs-00586242 is not listed on IDEAS
  6. repec:hal:wpaper:halshs-00746913 is not listed on IDEAS
  7. Catarina Goulao & Agustin Pérez-Barahona, 2012. "Intergenerational transmission of non-communicable chronic diseases," Working Papers hal-00690325, HAL.
  8. Grégory Ponthière, 2012. "Fair Accumulation under Risky Lifetime," PSE Working Papers halshs-00746913, HAL.

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