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Full-Text Articles in Health Economics
The Impact Of Hiv/Aids On Foreign Direct Investment: Evidence From Sub-Saharan Africa, Elizabeth Asiedu, Yi Jin, Isaac K. Kanyama
The Impact Of Hiv/Aids On Foreign Direct Investment: Evidence From Sub-Saharan Africa, Elizabeth Asiedu, Yi Jin, Isaac K. Kanyama
Journal of African Trade
We construct a theoretical model that examines the relationship between HIV/AIDS and foreign direct investment and employ panel data from 41 countries in Sub-Saharan Africa (SSA) to test the implications of the model. We find that HIV/AIDS has a negative but diminishing effect on FDI. Furthermore, the adverse effect occurs even when the HIV prevalence rate is as low as 0.1%. The result has important policy implications for SSA countries.