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

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ERD Working Paper Series ; No. 75

Classification and Topics

• Classification: Wirtschaft
• Subject: AIDS ; Wirtschaftslage ; Entwicklung ; Asiatisch-pazifischer Raum ; Wirkungsanalyse

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Tandon, Ajay
• Event: Veröffentlichung
• (who): Asian Development Bank (ADB)
• (where): Manila
• (when): 2005

Further information

• Handle: http://hdl.handle.net/10419/109273
• Last update: 10.03.2025, 11:42 AM CET