David E. Bloom|Ajay Mahal
Does the AIDS epidemic threaten economic growth?
Columbia University|Barnard College
study examines claim aids epidemic slow pace economic growth examining association across 51 developing industrial countries able assemble data changes prevalence aids rate growth gdp per capita analysis uses wellestablished empirical growth equations control variety factors possibly correlated aids prevalence might also influence growth also account possible simultaneity relationship aids economic growth main finding aids epidemic insignificant effect growth rate per capita income evidence reverse causality