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This study examines the relative effects of the different types of international financial flows on economic performance in Kenya both in the long- and short-runs using the autoregressive distributed lag model (ARDL) bounds approach and data for the period 1970 to 2017. This is against the...
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Estimating the impact of HIV/AIDS epidemic on economic growth is challenging because of endogeneity concerns. In this … paper, we use novel data on male circumcision and distance from the first HIV outbreak as instrumental variables for the HIV/AIDS … epidemic in 241 regions across 25 countries in sub-Saharan Africa during 2003-12. Our main finding shows that the impact of HIV/AIDS …
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suggesting that a quake and related financial aids might either increase technical efficiency via a disruptive creation mechanism …
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