Article ID Journal Published Year Pages File Type
967034 Journal of Monetary Economics 2010 14 Pages PDF
Abstract
► Infectious disease externalities cause a previously unexplored growth trap. ► Even the wealthiest nations can fall into the trap. ► Diseases can significantly impair the economic development path even without traps. ► A calibration to SSA's malaria and HIV burden shows that predictions are plausible. ► The theory suggests that health can generate nonlinearities in the growth process.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
, , ,