The effects of HIV/AIDS on economic growths and human capitals: a panel study evidence from Asian countries

Abstract

Human immunodeficiency virus/acquired immune deficiency syndrome (HIV/AIDS) affects economic growths by reducing the human capitals are among the most poorly understood aspect of the AIDS epidemic. This article analyzes the effects of the prevalence of HIV and full-blown AIDS on a country's human capitals and economic growths. Using a fixed effect model for panel data 1990–2010 from the Asia, I explored the dynamic relationships among HIV/AIDS, economic growths, and human capitals within countries over time. The econometric effects concerned that HIV/AIDS plays an important role in the field of economic growths and it is measured as a change in real gross domestic product (GDP) per capita and human capitals. The modeling results for the Asian countries indicates HIV/AIDS prevalence that has a hurtful effect on GDP per capita by reducing human capitals within countries over time.

Keywords:

• AIDS
• Breusch-Pagan test
• economic growths
• human capitals
• fixed effect model

Acknowledgments

I express my sincere gratitude to anonymous reviewers, and an Editor, whose comments and suggestions helped substantially improve the quality of this paper. I also thank Murad Alam Khan for the help about proofread.