Papageorgiou, Chris; Stoytcheva, Petia - 2009
This paper sheds new light on the impact of AIDS on cross-country income levels. Our empirical analysis uses data for … 89 countries spanning the period 1979 to 2000 during which AIDS has spread across the world. We control for a variety of … estimation. For the full sample it is shown that AIDS has a negative and significant effect on the level of income in both the …