Welfare Implications of HIV/AIDS

Author/Editor:

Markus Haacker ; N. F. R. Crafts

Publication Date:

June 1, 2003

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

The paper evaluates the impact of HIV/AIDS on welfare in several countries affected by the HIV/AIDS epidemic. Unlike studies focusing on the impact of HIV/AIDS on GDP per capita, we evaluate the impact of increased mortality using estimates of the value of statistical life. Our results illustrate the catastrophic impact of HIV/AIDS in the worst-affected countries and suggest that studies focusing on GDP and income per capita capture only a very small proportion of the welfare impact of HIV/AIDS.

Series:

Working Paper No. 2003/118

Subject:

Aging Health HIV and AIDS National accounts Personal income Population and demographics

English

Publication Date:

June 1, 2003

ISBN/ISSN:

9781451854107/1018-5941

Stock No:

WPIEA1182003

Pages:

22

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