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Relationship among HIV/AIDS Prevalence, Human Capital, Good Governance, and Sustainable Development: Empirical Evidence from Sub-Saharan Africa

Jamiu Adetola Odugbesan () and Husam Rjoub ()
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Jamiu Adetola Odugbesan: Department of Business Administration, Faculty of Economics and Administrative Sciences, Cyprus International University, Haspolat, Mersin 10, Turkey
Husam Rjoub: Department of Accounting and Finance, Faculty of Economics and Administrative Sciences, Cyprus International University, Haspolat, Mersin 10, Turkey

Sustainability, 2019, vol. 11, issue 5, 1-17

Abstract: Sub-Saharan Africa is regarded as the region that accommodates about 75% of the world HIV/AIDS prevalence as of 2016. Research on the relationship between the epidemic and sustainable development is scant in this part of the world, as available literature is dominated by studies that focus on HIV and economic growth. Therefore, this study examines the relationship between sustainable development and HIV/AIDS prevalence, along with other determinants of sustainable development, such as good governance and human capital in 26 sub-Saharan Africa countries over a 27-year period from 1990—2016. The pooled mean group (PMG) estimator was employed for analysis after it was confirmed by the Hausman test for the estimation of the relationship among the variables. The results revealed a unidirectional long-run and significant relationship between HIV/AIDS prevalence and sustainable development, human capital and good governance, and human capital and sustainable development. Also, a bidirectional long-run relationship was found between good governance and HIV/AIDS prevalence. Estimation of subgroups provides a robustness check for our findings. Therefore, the paper gives new insight to the government of sub-Saharan Africa countries and major stakeholders about how to attain sustainable development in the region, while intensifying efforts on reducing HIV/AIDS prevalence, and at the same time ensuring effective good governance and human capital development.

Keywords: sustainable development; HIV/AIDS; human capital; good governance; sub-Saharan Africa (search for similar items in EconPapers)
JEL-codes: Q Q0 Q2 Q3 Q5 Q56 O13 (search for similar items in EconPapers)
Date: 2019
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Handle: RePEc:gam:jsusta:v:11:y:2019:i:5:p:1348-:d:210845