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The Lazarus drug: the impact of antiretroviral therapy on economic growth
Stockholm University, Faculty of Social Sciences, Department of Economics.
Number of Authors: 12020 (English)In: Journal of Development Economics, ISSN 0304-3878, E-ISSN 1872-6089, Vol. 143, article id 102409Article in journal (Refereed) Published
Abstract [en]

Does better population health lead to growth in per capita income? Theory is ambiguous and empirical evidence is very limited. In 2001, a steep fall in antiretroviral (ARV) drug prices triggered rapid and massive expansion of ARV therapy coverage in lower-income countries. Exploiting the sharp resultant changes in population health, I show that ARV therapy coverage expansion led to growth in GDP per capita. The positive effects on growth most likely persist for around four years. ARV therapy coverage expansion could explain around a third of the sub-Saharan African growth miracle.

Place, publisher, year, edition, pages
2020. Vol. 143, article id 102409
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:su:diva-180622DOI: 10.1016/j.jdeveco.2019.102409ISI: 000518697900022Scopus ID: 2-s2.0-85075965079OAI: oai:DiVA.org:su-180622DiVA, id: diva2:1424803
Note

For corrigendum, see:

https://doi.org/10.1016/j.jdeveco.2022.102841

Available from: 2020-04-20 Created: 2020-04-20 Last updated: 2022-09-08Bibliographically approved

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Tompsett, Anna

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