Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/126364 
Year of Publication: 
2015
Series/Report no.: 
WIDER Working Paper No. 2015/086
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
Estimating the impact of HIV/AIDS epidemic on economic growth is challenging because of endogeneity concerns. In this paper, we use novel data on male circumcision and distance from the first HIV outbreak as instrumental variables for the HIV/AIDS epidemic in 241 regions across 25 countries in sub-Saharan Africa during 2003-12. Our main finding shows that the impact of HIV/AIDS epidemic on economic growth is negative but statistically insignificant. Further investigation on the main channels through which HIV/AIDS may affect economic growth - namely human capital, population growth, and productivity - finds no impacts of the HIV/AIDS epidemic on these channels.
Subjects: 
HIV/AIDS
economic growth
endogeneity
sub-Saharan Africa
JEL: 
I130
O110
O55
Persistent Identifier of the first edition: 
ISBN: 
978-92-9230-975-6
Document Type: 
Working Paper

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