Welfare Implications of HIV/AIDS [electronic resource] / Markus Haacker.
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TextSeries: IMF Working Papers; Working Paper ; No. 03/118Publication details: Washington, D.C. : International Monetary Fund, 2003Description: 1 online resource (22 p.)ISBN: 1451854102 :ISSN: 1018-5941Subject(s): Economic Development: General | General Welfare | Health: General | HIV | HIV/Aids | Life Expectancy | Botswana | South Africa | Thailand | ZimbabweAdditional physical formats: Print Version:: Welfare Implications of HIV/AIDSOnline resources: IMF e-Library | IMF Book Store Abstract: The paper evaluates the impact of HIV/AIDS on welfare in several countries affected by the HIV/AIDS epidemic. Unlike studies focusing on the impact of HIV/AIDS on GDP per capita, we evaluate the impact of increased mortality using estimates of the value of statistical life. Our results illustrate the catastrophic impact of HIV/AIDS in the worst-affected countries and suggest that studies focusing on GDP and income per capita capture only a very small proportion of the welfare impact of HIV/AIDS.
The paper evaluates the impact of HIV/AIDS on welfare in several countries affected by the HIV/AIDS epidemic. Unlike studies focusing on the impact of HIV/AIDS on GDP per capita, we evaluate the impact of increased mortality using estimates of the value of statistical life. Our results illustrate the catastrophic impact of HIV/AIDS in the worst-affected countries and suggest that studies focusing on GDP and income per capita capture only a very small proportion of the welfare impact of HIV/AIDS.
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