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Growth Economics of Epidemics: A Review of the Theory

Author

Listed:
  • 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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    References listed on IDEAS

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    Citations

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    Cited by:

    1. 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," Darmstadt Discussion Papers in Economics 211, Darmstadt University of Technology, Department of Law and Economics.
    2. de la Croix, David & Ponthiere, Gregory, 2010. "On the Golden Rule of capital accumulation under endogenous longevity," Mathematical Social Sciences, Elsevier, vol. 59(2), pages 227-238, March.
    3. repec:hal:psewpa:halshs-00746913 is not listed on IDEAS
    4. David De La Croix & Grégory Ponthière, 2008. "On the Golden Rule of capital accumulation under endogenous longevity," Working Papers halshs-00586242, HAL.
    5. Karlsson, Martin & Nilsson, Therese & Pichler, Stefan, 2014. "The impact of the 1918 Spanish flu epidemic on economic performance in Sweden," Journal of Health Economics, Elsevier, vol. 36(C), pages 1-19.
    6. Catarina Goulão & Agustín Pérez-Barahona, 2014. "Intergenerational Transmission of Noncommunicable Chronic Diseases," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 16(3), pages 467-490, June.
    7. Gregory Ponthiere, 2013. "Fair Accumulation under Risky Lifetime," Scottish Journal of Political Economy, Scottish Economic Society, vol. 60(2), pages 210-230, May.
    8. Gómez, Manuel A., 2015. "Capital–labor substitution and long-run growth in a model with physical and human capital," Mathematical Social Sciences, Elsevier, vol. 78(C), pages 106-113.
    9. Pierre Pestieau & Grégory Ponthiere, 2012. "On the Policy Implications of Changing Longevity," CESifo Working Paper Series 3926, CESifo Group Munich.
    10. Goulão, Catarina & Pérez-Barahona, Agustín, 2011. "Intergenerational transmission of non-communicable chronic diseases," TSE Working Papers 11-219, Toulouse School of Economics (TSE).
    11. Théophile T. Azomahou & Raouf Boucekkine & Bity Diene, 2016. "HIV/AIDS and Development: A Reappraisal of the Productivity and Factor Accumulation Effects," American Economic Review, American Economic Association, vol. 106(5), pages 472-477, May.
    12. 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).
    13. Grégory Ponthière, 2012. "Fair Accumulation under Risky Lifetime," Working Papers halshs-00746913, HAL.

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