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Full-Text Articles in Social and Behavioral Sciences
Prescription For Prosperity: The Dual Miracle Of Antiretroviral Therapy And African Growth, Robert W. F. Pennington
Prescription For Prosperity: The Dual Miracle Of Antiretroviral Therapy And African Growth, Robert W. F. Pennington
Economics Honors Projects
This paper investigates the effect of antiretroviral therapy (ART) coverage on economic growth in Sub-Saharan Africa. I model the relationship following the expanded Solow Growth Model, proposing a dual health capital and educational human capital mechanism through which ART impacts growth. While previous studies propose conflicting results, I use the most comprehensive dataset, and employ theory-backed specifications to provide the most accurate and reliable estimates of the effect. Using a panel of all 48 countries in Sub-Saharan Africa, I employ a two-stage least squares shift-share/Bartik instrumental variable approach, including two-way fixed effects to estimate the effect of a rapid expansion …
How Has The Introduction Of Antiretroviral Therapy (Art) Affected The Dynamics Between Aids And Economic Growth In Sub-Saharan Africa?, Jose R. Rubio
How Has The Introduction Of Antiretroviral Therapy (Art) Affected The Dynamics Between Aids And Economic Growth In Sub-Saharan Africa?, Jose R. Rubio
Economics Honors Projects
This paper quantifies the economic effect of the use of antiretroviral therapy as a frontline strategy to fight AIDS using data on 29 countries in Sub-‐Saharan Africa. To this purpose, I use two-‐stage least squares estimation defining both a health equation and an education and health capital-‐augmented structural Solow growth equation. Through the introduction of antiretroviral therapy (ART) and HIV prevalence in the health equation, I indirectly link HIV and ART to economic growth. The results show that the HIV/AIDS epidemic reduces GDP per capita by 0.175% per marginal increase in HIV prevalence. ART increases GDP per capita by 0.048% …