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 …

HIV/AIDS pandemic in Africa has been closely associated with adverse economic effects, and could thwart the success of … poverty reduction initiatives. HIV/AIDS is fast eroding the health benefits, which Kenya gained in the first two decades of … independence. The paper explores the different channels through which HIV/AIDS affects economic growth in a low-income country like …

HIV/AIDS pandemic in Africa has been closely associated with adverse economic effects, and could thwart the success of … poverty reduction initatives. HIV/AIDS is fast eroding the health benefits, which Kenya gained in the first two decades of … independence. The paper explores the different channels through which HIV/AIDS affects economic growth in a low-income country like …