Advanced Search
MyIDEAS: Login to save this paper or follow this series

The effects of HIV/AIDS infections and mortality on saving and investment

Contents:

Author Info

  • Edwards, Jeffrey A.
  • Al-Hmoud, Rashid
  • Fawaz, Fadi

Abstract

There are competing views of how HIV/AIDS affects saving, and to a lesser extent, investment. One argument is that saving is reduced because of the disease; the other is that saving is actually increased. We find that saving is negatively impacted by the disease in poorer countries but increased in relatively wealthy countries. These results, however, do not translate through to investment. In fact, the absolute value of the impact the disease has on investment is considerably reduced for countries in all income brackets. We hypothesize that because of the significant transfer of resources from firms headquartered in relatively wealthy nations to subsidiaries and communities in poorer countries much of the negative impact that saving would necessarily have on investment is negated.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://mpra.ub.uni-muenchen.de/36308/
File Function: original version
Download Restriction: no

File URL: http://mpra.ub.uni-muenchen.de/36439/
File Function: revised version
Download Restriction: no

Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 36308.

as in new window
Length:
Date of creation: 2007
Date of revision:
Publication status: Published in Southwestern Journal of Economics 1.10(2007): pp. 42-64
Handle: RePEc:pra:mprapa:36308

Contact details of provider:
Postal: Schackstr. 4, D-80539 Munich, Germany
Phone: +49-(0)89-2180-2219
Fax: +49-(0)89-2180-3900
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC

Related research

Keywords: HIV; AIDS; Saving; Investment; Africa; Developing Countries;

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Durlauf, Steven N. & Kourtellos, Andros & Minkin, Artur, 2001. "The local Solow growth model," European Economic Review, Elsevier, Elsevier, vol. 45(4-6), pages 928-940, May.
  2. Cuddington, John T, 1993. "Modeling the Macroeconomic Effects of AIDS, with an Application to Tanzania," World Bank Economic Review, World Bank Group, World Bank Group, vol. 7(2), pages 173-89, May.
  3. S.A. Oni & C.L. Obi & A. Okorie & D. Thabede & A. Jordan, 2002. "The Economic Impact of HIV/AIDS on Rural Households in Limpopo Province," South African Journal of Economics, Economic Society of South Africa, Economic Society of South Africa, vol. 70(7), pages 551-562, 09.
  4. Simon Dixon & Scott McDonald & Jennifer Roberts, 2001. "AIDS and economic growth in Africa: a panel data analysis," Journal of International Development, John Wiley & Sons, Ltd., vol. 13(4), pages 411-426.
  5. Bloom, David E. & Mahal, Ajay S., 1997. "Does the AIDS epidemic threaten economic growth?," Journal of Econometrics, Elsevier, Elsevier, vol. 77(1), pages 105-124, March.
  6. F. Booysen, 2002. "Financial Responses of Households in the Free State Province to HIV/AIDS-Related Morbidity and Mortality," South African Journal of Economics, Economic Society of South Africa, Economic Society of South Africa, vol. 70(7), pages 563-574, 09.
  7. Hansen, Bruce E., 1992. "Testing for parameter instability in linear models," Journal of Policy Modeling, Elsevier, Elsevier, vol. 14(4), pages 517-533, August.
  8. Jeffrey Edwards, 2005. "The Great Growth Debate: A Statistical Look at Mankiw, Romer, and Weil, versus Islam," Atlantic Economic Journal, International Atlantic Economic Society, International Atlantic Economic Society, vol. 33(1), pages 71-92, March.
  9. R Bonnel, 2000. "HIV/AIDS and Economic Growth: A Global Perspective," South African Journal of Economics, Economic Society of South Africa, Economic Society of South Africa, vol. 68(5), pages 360-379, December.
  10. Barry P. Bosworth & Susan M. Collins, 2003. "The Empirics of Growth: An Update," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 34(2), pages 113-206.
  11. Markus Haacker, 2002. "The Economic Consequences of HIV/AIDS in Southern Africa," IMF Working Papers 02/38, International Monetary Fund.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:36308. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.