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    Macroeconomic Impact of HIV/AIDS in the Asian and Pacific Region

    Tandon, Ajay | November 2005
    Abstract
    This paper reports estimates of the economic impact of HIV/AIDS in the Asian and Pacific region using a standard growth model. Following previous research on this issue, an economywide aggregate production function is estimated with health capital as an input. HIV/AIDS is assumed to influence the accumulation of health capital proxied by a life expectancy shortfall measure. The model is estimated empirically using cross-country panel data spanning the period 1960–2000. Using a global sample, results indicate a negative impact of increasing HIV/AIDS prevalence on health capital and on economic growth. Using fairly conservative projections for HIV/AIDS prevalence, the model predicts a particularly large adverse impact on economic growth in Cambodia and Papua New Guinea.
    Citation
    Tandon, Ajay. 2005. Macroeconomic Impact of HIV/AIDS in the Asian and Pacific Region. © Asian Development Bank. http://hdl.handle.net/11540/1904. License: CC BY 3.0 IGO.
    ISSN
    1655-5252
    Keywords
    Health Risk
    Health Issues
    Environmental Health Hazards
    Education, Health and Social Protection
    Urbanization
    Urban Services
    Urban Planning
    Urban Conditions
    Disease Control
    Sanitation
    Health Hazards
    Urban Plans
    Urbanism
    Diseases
    Economic Development
    Sanitation services
    Sanitary engineering
    Sanitation systems
    Illness
    Refuse and refuse disposal
    Urban renewal
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    Citable URI
    http://hdl.handle.net/11540/1904
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    Author
    Tandon, Ajay
    Theme
    Health
    Urban
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise