|
EconStor >
Institut für Weltwirtschaft (IfW), Kiel >
Economists Online >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/45586
|
| | |
| Title: | | The welfare costs of HIV |
| Authors: | | Fimpel, Julia Stolpe, Michael |
| Issue Date: | | 2010 |
| Citation: | | [Volume:] 11 [Issue:] 3 [Pages:] 305-322 [Journal:] The European journal of health economics : HEPAC ; health economics in prevention and care [ISBN:] 1618-7598 |
| Abstract: | | Based on the aggregation of individual willingness-to-pay for a statistical life, we calibrate an inter-temporal optimisation model to determine the aggregate welfare loss from HIV/AIDS in 25 Eastern European countries. Assuming a discount rate of 3%, we find a total welfare loss for the whole region that exceeds US $800 billion, approximately 10% of the regions annual GDP between 1995 and 2001. Although prevalence and incidence rates diverge sharply between countrieswith central Europe far less affected than major countries in the Commonwealth of Independent States and the Balticsthe epidemic is likely to spread to all countries unless a coherent strategy of prevention and treatment is backed up by substantial increases in healthcare investments. The sheer size of this task and the international nature of the epidemic render this one of the most important current challenges for all of Europe. |
| JEL: | | D91 I12 I18 J17 |
| Persistent Identifier of the first edition: | | doi:10.1007/s10198-009-0177-y |
| Document Type: | | Article |
| Appears in Collections: | | Economists Online
|
| Files in This Item:
| |
There are no files associated with this item.
|
| No. of Downloads:
| |
Counter Stats
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/45586
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|