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Does the Aids Epidemic Really Threaten Economic Growth?
Bloom, David E.; Mahal, Ajay S. - 2021
This study examines the claim that the AIDS epidemic will slow the pace of economic growth. We do this by examining the … prevalence of AIDS and the rate of growth of GDP per capita. Our analysis uses well- established empirical growth models to … control for a variety of factors possibly correlated with AIDS prevalence that might also influence growth. We also account …
Persistent link: https://www.econbiz.de/10013218100
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Preventives Versus Treatments Redux : Tighter Bounds on Distortions in Innovation Incentives with an Application to the Global Demand for HIV Pharmaceuticals
Kremer, Michael - 2018
Kremer and Snyder (2015) show that demand curves for a preventive and treatment may have different shapes though they target the same disease, biasing the pharmaceutical manufacturer toward developing the lucrative rather than the socially desirable product. This paper tightens the theoretical...
Persistent link: https://www.econbiz.de/10012930337
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Can Having Fewer Partners Increase Prevalence of Aids?
Kremer, Michael - 2022
Under asymmetric information about sexual history, sexual activity creates externalities. Abstinence by those with few partners perversely increases the average probability of HIV infection in the pool of available partners. Since this increases prevalence among the high activity people who...
Persistent link: https://www.econbiz.de/10014157998
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Integrating Behavioral Choice into Epidemiological Models of the Aids Epidemic
Kremer, Michael - 2022
Increased HIV risk creates incentives for people with low sexual activity to reduce their activity, but may make high-activity people fatalistic, leading them to reduce their activity only slightly, or actually increase it. If high-activity people reduce their activity by a smaller proportion...
Persistent link: https://www.econbiz.de/10013322884
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An Equilibrium Model of the African Hiv/Aids Epidemic
Greenwood, Jeremy - 2013
Eleven percent of the Malawian population is HIV infected. Eighteen percent of sexual encounters are casual. A condom is used one quarter of the time. A choice-theoretic general equilibrium search model is constructed to analyze the Malawian epidemic. In the developed framework, people select...
Persistent link: https://www.econbiz.de/10013083407
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On the optimal size of public sector under rent-seeking competition from state coffers
Park, Hyun; Philippopulos, Apostolēs; Vassilatos, Vanghelis - 2003
This paper incorporates competition for fiscal transfers (or, equivalently, rent seeking from state coffers) into a standard general equilibrium model of economic growth and endogenously chosen fiscal policy. The government generates tax revenues, but then each selfinterested individual agent...
Persistent link: https://www.econbiz.de/10011508090
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Elections, fiscal policy and growth : revisiting the mechanism
Oikonomidēs, Geōrgios; Philippopulos, Apostolēs; … - 2002
This short paper reconsiders the popular result that the lower the probability of getting reelected, the stronger the incumbent politicians incentive to follow short-sighted, inefficient policies. The set-up is a general equilibrium model of endogenous growth and optimal fiscal policy, in which...
Persistent link: https://www.econbiz.de/10011409401
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Economic growth and endogenous fiscal policy : in search of a data consistent general equilibrium model
Malley, James R.; Philippopulos, Apostolēs - 2000
This paper searches for a general equilibrium model of optimal growth and endogenous fiscal policy with the aim of explaining the interaction between private agents and fiscal authorities in the U.S., West Germany, Japan and the U.K. over the period 1960-1996. Our search is conducted in the...
Persistent link: https://www.econbiz.de/10009781505
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The great divergence : a network approach
Lindner, Ines; Strulik, Holger - 2015
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge exchange. Knowledge in any country depends on the human capital of the countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period...
Persistent link: https://www.econbiz.de/10011397182
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Nature, power, and growth
Thorvaldur Gylfason - 2001
This essay reviews the relationship between natural-resource abundance and economic growth around the world, and presents some new results. The principal reasons why resource-based production can inhibit economic growth over long periods are traced to the Dutch disease, neglect of education,...
Persistent link: https://www.econbiz.de/10011397924