AIDS and economic growth in South Africa

Morbidity and mortality effects are introduced into a three sector, Ramsey-type model of economic growth. The model is calibrated to South African national accounts data and used to examine the potential impact of HIV/AIDS on economic growth. Simulation results suggest a 10 per cent decrease in the...

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Bibliographic Details
Main Author: RBW Smith
Format: Article
Language:English
Published: AOSIS 2004-11-01
Series:South African Journal of Economic and Management Sciences
Online Access:https://sajems.org/index.php/sajems/article/view/1299