Economic growth and disease in the OLG model: The HIV/AIDS case

Laurent Augier and Amy Yaly

Economic Modelling, 2013, vol. 33, issue C, 471-481

Abstract: The aim of this paper is to provide an analysis of the impact of investment in health-policies on economic development. In order to do this, it is vital to bear in mind the fact that long-term economic growth is characterized by the interaction between the physical aspects of capital dynamics and the disease level in a developing country which lacks a financial market. The OLG model will be used in our analysis. Notice that the level of investment in health policies and disease management are one of the key variables of the model. It is, therefore, interesting to observe that an increase in capital may have either a direct or indirect impact on the stationary disease level and lead to effective prevention and disease control.

Keywords: Infectious disease; Health investment; Overlapping generations model; Economic growth (search for similar items in EconPapers)
JEL-codes: I10 I12 I18 O41 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0264999313001752
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecmode:v:33:y:2013:i:c:p:471-481

DOI: 10.1016/j.econmod.2013.04.033

Access Statistics for this article

Economic Modelling is currently edited by S. Hall and P. Pauly

More articles in Economic Modelling from Elsevier
Bibliographic data for series maintained by Catherine Liu ().