Version 1
: Received: 6 October 2022 / Approved: 8 October 2022 / Online: 8 October 2022 (04:38:48 CEST)
How to cite:
Mwimba, T.; Marialetta Telukhunoana, M.; Wambui Karanja, E.; Ndzimandze, N. The Short and Long Run Impact of Population Growth and HIV Incidence on Economic Growth and Economic Development in Selected African Countries. Preprints2022, 2022100093. https://doi.org/10.20944/preprints202210.0093.v1
Mwimba, T.; Marialetta Telukhunoana, M.; Wambui Karanja, E.; Ndzimandze, N. The Short and Long Run Impact of Population Growth and HIV Incidence on Economic Growth and Economic Development in Selected African Countries. Preprints 2022, 2022100093. https://doi.org/10.20944/preprints202210.0093.v1
Mwimba, T.; Marialetta Telukhunoana, M.; Wambui Karanja, E.; Ndzimandze, N. The Short and Long Run Impact of Population Growth and HIV Incidence on Economic Growth and Economic Development in Selected African Countries. Preprints2022, 2022100093. https://doi.org/10.20944/preprints202210.0093.v1
APA Style
Mwimba, T., Marialetta Telukhunoana, M., Wambui Karanja, E., & Ndzimandze, N. (2022). The Short and Long Run Impact of Population Growth and HIV Incidence on Economic Growth and Economic Development in Selected African Countries. Preprints. https://doi.org/10.20944/preprints202210.0093.v1
Chicago/Turabian Style
Mwimba, T., Esther Wambui Karanja and Nomfundo Ndzimandze. 2022 "The Short and Long Run Impact of Population Growth and HIV Incidence on Economic Growth and Economic Development in Selected African Countries" Preprints. https://doi.org/10.20944/preprints202210.0093.v1
Abstract
Africa is expected to have a lion’s Share in the world’s population growth by 2050. At the same time, the World Health Organisation (WHO) reported that roughly 3.4 percent (1/25) of African adults live with HIV making the contient the most severely affected by the HIV pandemic. Consequently, this study, the first of its kind, investigates the impact of population growth and HIV incidence on economic growth and economic development in Africa by utilizing the Pooled Mean Group (PMG) estimator on data from 1990 to 2020 across 29 countries. The results show that population growth has a postive long run impact on Gross Domestic Product (GDP) but has a negative long run impact on per capita GDP, albeit the effects are insignificant in the short run. The incidence of HIV has a negative long run impact on both GDP and per capita GDP although its effect is not significant in the short run. The study, therefore, calls for the advancement of family planning practices and the usage of contraceptives to simultaneously control population growth and curb the spread of HIV incidence. The study futher calls for African governments to increase budgetary allocations to the health and education sectors, as these policy perspectives have the potential of increasing the human capital stock and at the same time enhancing the health status of the work force for sustained growth and development.
Keywords
population growth; HIV/AIDS; GDP; per capita GDP; PMG
Subject
Business, Economics and Management, Economics
Copyright:
This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
