IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

AIDS, Economic Growth and the Epidemic Trap in Africa

Listed author(s):
  • Nicolas Couderc
  • Bruno Ventelou

Most studies find that AIDS has a relatively weak impact on economic growth because they assume that it affects only one flow variable and only in the short term (the flow of labour available and capable of working at a time t in the economy). But AIDS also has a long-term impact on stock variables that existing models do not take into account, specifically, on both human and physical capital. Integrating these two impacts in a growth model with multiple accumulation factors reverses the findings of standard impact evaluations. A fairly wide range of epidemic effects modifies the economy's long-term growth regime, creating what we might call an epidemic or regressive “trap”. Government action should be designed in view of this risk and should intervene preferentially in favour of human capital, through health and educational spending. Finally, this model changes the cost-efficiency calculations about expanding antiretroviral therapies to a large part of the working population and indicates that such treatment is substantially more cost-efficient than initially thought.

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:
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Article provided by Taylor & Francis Journals in its journal Oxford Development Studies.

Volume (Year): 33 (2005)
Issue (Month): 3-4 ()
Pages: 417-426

in new window

Handle: RePEc:taf:oxdevs:v:33:y:2005:i:3-4:p:417-426
DOI: 10.1080/13600810500199236
Contact details of provider: Web page:

Order Information: Web:

No references listed on IDEAS
You can help add them by filling out this form.

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

When requesting a correction, please mention this item's handle: RePEc:taf:oxdevs:v:33:y:2005:i:3-4:p:417-426. 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: (Chris Longhurst)

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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.