AIDS and economic growth in South Africa
South African Journal of Economic and Management Sciences
Field | Value | |
Title | AIDS and economic growth in South Africa | |
Creator | Smith, RBW | |
Description | Morbidity and mortality effects are introduced into a three sector, Ramsey-type model of economic growth. The model is calibrated to South African national accounts data and used to examine the potential impact of HIV/AIDS on economic growth. Simulation results suggest a 10 per cent decrease in the size of the effective labour force would lead to a 10 per cent decrease in long-run (steady state) GDP levels. Similarly, a 10 per cent decrease in the number of labourers would lead to an 11 per cent drop in long-run GDP. | |
Publisher | AOSIS Publishing | |
Date | 2004-11-30 | |
Identifier | 10.4102/sajems.v7i4.1299 | |
Source | South African Journal of Economic and Management Sciences; Vol 7, No 4 (2004); 683-692 2222-3436 1015-8812 | |
Language | eng | |
Relation |
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:
https://sajems.org/index.php/sajems/article/view/1299/495
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