Effect of the prevalence of HIV/AIDS and the life expectancy rate on economic growth in SSA countries: difference GMM approach

The productivity of countries around the globe is adversely affected by the health-related problems of their labour force. This study examined the effect of the prevalence of human immunodeficiency virus/acquired immune deficiency syndrome (HIV/AIDS) and life expectancy on the economic growth of 33...

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Main Authors: Waziri, Salisu Ibrahim, Mohamed Nor, Norashidah, Raja Abdullah, Nik Mustapha, Adamu, Peter
Format: Article
Language:English
Published: Canadian Center of Science and Education 2016
Subjects:
Online Access:http://psasir.upm.edu.my/id/eprint/54058/
http://psasir.upm.edu.my/id/eprint/54058/1/Effect%20of%20the%20prevalence%20of%20HIV.pdf
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author Waziri, Salisu Ibrahim
Mohamed Nor, Norashidah
Raja Abdullah, Nik Mustapha
Adamu, Peter
author_facet Waziri, Salisu Ibrahim
Mohamed Nor, Norashidah
Raja Abdullah, Nik Mustapha
Adamu, Peter
author_sort Waziri, Salisu Ibrahim
building UPM Institutional Repository
collection Online Access
description The productivity of countries around the globe is adversely affected by the health-related problems of their labour force. This study examined the effect of the prevalence of human immunodeficiency virus/acquired immune deficiency syndrome (HIV/AIDS) and life expectancy on the economic growth of 33 Sub-Saharan African (SSA) countries over a period of 11 years (2002–2012). The study employed a dynamic panel approach as opposed to the static traditional approach utilised in the literature. The dynamic approach became eminent because of the fact that HIV/AIDS is a dynamic variable as its prevalence today depends on the previous years. The result revealed that HIV/AIDS is negatively correlated with economic growth in the region, with a coefficient of 0.014, and significant at the 1% level. That is, a 10% increase in HIV/AIDS prevalence leads to a 0.14% decrease in the GDP of the region. Tackling HIV/AIDS is therefore imperative to the developing Sub-Saharan African region and all hands must be on deck to end the menace globally.
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spelling upm-540582018-02-27T03:09:15Z http://psasir.upm.edu.my/id/eprint/54058/ Effect of the prevalence of HIV/AIDS and the life expectancy rate on economic growth in SSA countries: difference GMM approach Waziri, Salisu Ibrahim Mohamed Nor, Norashidah Raja Abdullah, Nik Mustapha Adamu, Peter The productivity of countries around the globe is adversely affected by the health-related problems of their labour force. This study examined the effect of the prevalence of human immunodeficiency virus/acquired immune deficiency syndrome (HIV/AIDS) and life expectancy on the economic growth of 33 Sub-Saharan African (SSA) countries over a period of 11 years (2002–2012). The study employed a dynamic panel approach as opposed to the static traditional approach utilised in the literature. The dynamic approach became eminent because of the fact that HIV/AIDS is a dynamic variable as its prevalence today depends on the previous years. The result revealed that HIV/AIDS is negatively correlated with economic growth in the region, with a coefficient of 0.014, and significant at the 1% level. That is, a 10% increase in HIV/AIDS prevalence leads to a 0.14% decrease in the GDP of the region. Tackling HIV/AIDS is therefore imperative to the developing Sub-Saharan African region and all hands must be on deck to end the menace globally. Canadian Center of Science and Education 2016 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/54058/1/Effect%20of%20the%20prevalence%20of%20HIV.pdf Waziri, Salisu Ibrahim and Mohamed Nor, Norashidah and Raja Abdullah, Nik Mustapha and Adamu, Peter (2016) Effect of the prevalence of HIV/AIDS and the life expectancy rate on economic growth in SSA countries: difference GMM approach. Global Journal of Health Science, 8 (4). pp. 212-220. ISSN 1916-9736; ESSN: 1916-9744 http://www.ccsenet.org/journal/index.php/gjhs/article/view/48801 HIV; AIDS; Life expectancy rate; Economic growth; SSA countries; GMM approach 10.5539/gjhs.v8n4p212
spellingShingle HIV; AIDS; Life expectancy rate; Economic growth; SSA countries; GMM approach
Waziri, Salisu Ibrahim
Mohamed Nor, Norashidah
Raja Abdullah, Nik Mustapha
Adamu, Peter
Effect of the prevalence of HIV/AIDS and the life expectancy rate on economic growth in SSA countries: difference GMM approach
title Effect of the prevalence of HIV/AIDS and the life expectancy rate on economic growth in SSA countries: difference GMM approach
title_full Effect of the prevalence of HIV/AIDS and the life expectancy rate on economic growth in SSA countries: difference GMM approach
title_fullStr Effect of the prevalence of HIV/AIDS and the life expectancy rate on economic growth in SSA countries: difference GMM approach
title_full_unstemmed Effect of the prevalence of HIV/AIDS and the life expectancy rate on economic growth in SSA countries: difference GMM approach
title_short Effect of the prevalence of HIV/AIDS and the life expectancy rate on economic growth in SSA countries: difference GMM approach
title_sort effect of the prevalence of hiv/aids and the life expectancy rate on economic growth in ssa countries: difference gmm approach
topic HIV; AIDS; Life expectancy rate; Economic growth; SSA countries; GMM approach
url http://psasir.upm.edu.my/id/eprint/54058/
http://psasir.upm.edu.my/id/eprint/54058/
http://psasir.upm.edu.my/id/eprint/54058/
http://psasir.upm.edu.my/id/eprint/54058/1/Effect%20of%20the%20prevalence%20of%20HIV.pdf