The Review of Economics and Statistics Vol. 93 No. 1 2011
Mortality Risk and Human Capital Investment: The Impact of HIV/AIDS in Sub-Saharan Africa
Abstract
Over the past several decades, the HIV/AIDS epidemic has dramatically altered patterns of morbidity and mortality in sub-Saharan Africa, with potential consequences for human capital investment and economic growth. Using data from Demographic and Health Surveys for fifteen countries in sub-Saharan Africa, I estimate the relationship between regional HIV prevalence and the change in individual human capital investment over time. Consistent with a simple model of human capital investment incorporating mortality risk, I find that areas with higher levels of HIV experienced relatively larger declines in schooling.
- DOI
- 10.1162/rest_a_00067
- Volume
- 93
- Issue
- 1
- Pages
- 1-15
- Language
- en
- Sources
- openalex crossref