The Macroeconomics of Targeting: The Case of an Enduring Epidemic
What is the right balance among policy interventions in order to ensure economic growth over the long run when an epidemic causes heavy mortality among young adults? We argue that, in general, policies to combat the disease and promote education must be concentrated, in certain ways, on some subgroups of society, at first to the partial exclusion of others. This concentration involves what we term the macroeconomics of targeting. The central comparison is then between programs under which supported families enjoy the benefits of spending on health and education simultaneously (DT), and those under which the benefits in these two domains are sequenced (ST). When levels of human capital are uniformly low at the outbreak, DT is superior to ST if the subsequent mortality rate exceeds some threshold value. Outside aid makes DT more attractive; but DT restricts support to fewer families initially and so increases inequality.
|Date of creation:||Jun 2006|
|Date of revision:|
|Contact details of provider:|| Postal: Centre for Economic Policy Research, 77 Bastwick Street, London EC1V 3PZ.|
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
|Order Information:|| Email: |
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.:
- Leigh F. Johnson & Rob Dorrington, 2006. "Modelling the demographic impact of HIV/AIDS in South Africa and the likely impact of interventions," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 14(22), pages 541-574, June.
- Yamano, Takashi & Jayne, T S, 2005.
"Working-Age Adult Mortality and Primary School Attendance in Rural Kenya,"
Economic Development and Cultural Change,
University of Chicago Press, vol. 53(3), pages 619-53, April.
- Yamano, Takashi & Jayne, Thomas S., 2004. "Working-age Adult Mortality and Primary School Attendance in Rural Kenya," Food Security Collaborative Policy Briefs 54645, Michigan State University, Department of Agricultural, Food, and Resource Economics.
- Takashi Yamano & Thomas S. Jayne, 2005. "Working-age Adult Mortality and Primary Sschool Attendance in Rural Kenya," Development and Comp Systems 0502017, EconWPA.
- Yamano, Takashi & Jayne, Thomas S., 2004. "Working-Age Adult Mortality and Primary School Attendance in Rural Kenya," Food Security Collaborative Working Papers 55159, Michigan State University, Department of Agricultural, Food, and Resource Economics.
- Yamano, Takashi & Jayne, Thom S., 2004. "Working-Age Adult Mortality and Primary School Attendance in Rural Kenya," Working Papers 202631, Egerton University, Tegemeo Institute of Agricultural Policy and Development.
- Clive Bell & Shantayanan Devarajan & Hans Gersbach, 2006. "The Long-Run Economic Costs of aids: A Model with an Application to South Africa," World Bank Economic Review, World Bank Group, vol. 20(1), pages 55-89.
- Clive Bell & Shantayanan Devarajan & Hans Gersbach, 2003. "The long-run economic costs of AIDS : theory and an application to South Africa," Policy Research Working Paper Series 3152, The World Bank.
- 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.
- Scott McDonald & Jennifer Roberts, 2004. "Aids and Economic Growth: A Human Capital Approach," Working Papers 2004008, The University of Sheffield, Department of Economics, revised Aug 2004.
- Beegle, Kathleen & De Weerdt, Joachim & Dercon, Stefan, 2007. "The long-run impact of orphanhood," Policy Research Working Paper Series 4353, The World Bank.
- Sebnem Kalemli-Ozcan, 2006.
"AIDS, "Reversal" of the Demographic Transition and Economic Development: Evidence from Africa,"
NBER Working Papers
12181, National Bureau of Economic Research, Inc.
- Sebnem Kalemli-Ozcan, 2012. "AIDS, “reversal” of the demographic transition and economic development: evidence from Africa," Journal of Population Economics, Springer;European Society for Population Economics, vol. 25(3), pages 871-897, July.
- Gary S. Becker & Kevin M. Murphy & Robert Tamura, 1994.
"Human Capital, Fertility, and Economic Growth,"
in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education (3rd Edition), pages 323-350
National Bureau of Economic Research, Inc.
- Gary S. Becker & Kevin M. Murphy & Robert F. Tamura, 1990. "Human Capital, Fertility, and Economic Growth," NBER Working Papers 3414, National Bureau of Economic Research, Inc.
- Gary S. Becker & Kevin M. Murphy & Robert Tamura, . "Human Capital, Fertility, and Economic Growth," University of Chicago - Population Research Center 90-5a, Chicago - Population Research Center.
- Bell, Clive & Gersbach, Hans, 2009.
"Child Labor And The Education Of A Society,"
Cambridge University Press, vol. 13(02), pages 220-249, April.
- Corrigan, Paul & Glomm, Gerhard & Mendez, Fabio, 2005. "AIDS crisis and growth," Journal of Development Economics, Elsevier, vol. 77(1), pages 107-124, June.
- Ramona Schrepler, 2003. "Child Labor and Fertility," HEW 0310001, EconWPA, revised 26 Feb 2004.
- Ana Revenga & Mead Over & Emiko Masaki & Wiwat Peerapatanapokin & Julian Gold & Viroj Tangcharoensathien & Sombat Thanprasertsuk, 2006. "The Economics of Effective AIDS Treatment : Evaluating Policy Options for Thailand," World Bank Publications, The World Bank, number 7196, April.
- Evans, David & Miguel, Edward A., 2005.
"Orphans and Schooling in Africa: A Longitudinal Analysis,"
Center for International and Development Economics Research, Working Paper Series
qt14w3s2fh, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- David Evans & Edward Miguel, 2007. "Orphans and schooling in africa: a longitudinal analysis," Demography, Springer;Population Association of America (PAA), vol. 44(1), pages 35-57, February.
- Alwyn Young, 2005. "The Gift of the Dying: The Tragedy of AIDS and the Welfare of Future African Generations," The Quarterly Journal of Economics, Oxford University Press, vol. 120(2), pages 423-466.
- Galasso, Emanuela & Ravallion, Martin, 2005. "Decentralized targeting of an antipoverty program," Journal of Public Economics, Elsevier, vol. 89(4), pages 705-727, April.
When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:5714. 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: ()
If references are entirely missing, you can add them using this form.