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• W2185407506 abstract "This paper sheds new light on the impact of AIDS on cross-country income levels. We consider new UNAIDS/WHO data on officially reported AIDS cases for a panel of 89 countries over a 15 year period from 1986-2000 during which AIDS has spread across the world. These data are used to estimate cross-country level regressions employing panel data techniques. Our fi ndings are as follows: First, when using the entire sample of countries wefind that AIDS has a negative albeit marginally significant effect on the level of income. Second, when we control for regional effects we show that this negative effect is primarily driven by the sub-Sahara Africa and Latin America subsamples. Third, using AIDS data by age group, we find that the disease has a significantly negative impact on income only via infected people between the ages 16 and 34. Finally, while the economic impact of AIDS is negative and statistically significant, its economic significance measured by the estimated size of the AIDS coefficient is quite small." @default.
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• W2185407506 date "2008-01-01" @default.
• W2185407506 modified "2023-09-27" @default.
• W2185407506 title "What Is the Impact of AIDS on Cross-Country Income So Far? Evidence from Newly Reported AIDS Cases ∗" @default.
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